NEW YORK, July 8, 2015 – The New York Stock Exchange announced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the common stock of Walter Energy, Inc. (the "Company") — ticker symbol WLT – from the NYSE.  Trading in the Company’s common stock will be suspended immediately.  

NYSE Regulation carefully considered price indications and whether “abnormally low” price levels were evident at the opening of trading on July 8, 2015.  After due consideration, NYSE Regulation has now determined that the Company is no longer suitable for listing based on “abnormally low” price indications, pursuant to Section 802.01D of the Listed Company Manual.

The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation.  The NYSE will apply to the Securities and Exchange Commission to delist the common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Company Contacts

For investors:
Mark H. Tubb
205-745-2627
mark.tubb@walterenergy.com

For media:
William Stanhouse
205-745-2664
william.stanhouse@walterenergy.com

Ruth Pachman
212-521-4891
Kekst and Company
ruth-pachman@kekst.com