Peabody Terminates Sale Agreement with Bentley Resources

CANBERRA, Australia, Aug. 27, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it has terminated the sale and purchase agreement with Singapore-based Bentley Resources for the sale of its Wilkie Creek Mine in Queensland's Surat Basin.  While Bentley Resources initially made a non-refundable payment towards the purchase, Bentley was unable to meet its subsequent obligations for closing.  Peabody Energy is evaluating its alternatives for the Wilkie Creek Mine, which was closed in late 2013.

Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. For further information, visit PeabodyEnergy.com and AdvancedEnergyforLife.com.

CONTACT:
Chris Curran
(314) 637-8273

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SOURCE Peabody Energy

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