GENERAL INFORMATION ANNUAL REPORTS CORPORATE GOVERNANCE SEC FILINGS

SHAREHOLDER SERVICES STOCK INFORMATION INVESTOR CALLS INVESTOR PRESENTATIONS

Westmoreland’s Common Stock (NYSE Amex:WLB) and Depositary Shares (often referred to as preferred stock) (NYSE Amex:WLB.pr) are traded on the NYSE Amex. People are often confused by the terminology associated with the depositary shares. To clarify, one Depositary Share, which is the security traded on the NYSE Amex, represents one-quarter of a share of our Series A Convertible Exchangeable Preferred Stock.

The preferred stock was issued in 1992. We have designated 575,000 shares of our preferred stock as Series A Preferred Stock. As of April 1, 2010, there were approximately 160,129 shares of our Series A Preferred Stock issued and outstanding, represented by 640,515 depositary shares. The holders of the Series A Preferred Stock are entitled to receive, when declared by our board of directors, cumulative cash dividends at the rate of 8.5% per annum per share (equivalent to $2.125 per annum per depositary share), payable quarterly on April 1, July 1, October 1, and January 1 in each year. In general, and subject to the Certificate of Designation, dividends not so paid accumulate and amounted to $19.6 million in the aggregate ($122.40 per preferred share or $30.60 per depositary share) as of April 1, 2010. Unless full cumulative dividends on the Series A Preferred Stock have been paid or declared in full and sums set aside for the payment thereof, no dividends (other than dividends in common stock or other shares of our capital stock ranking junior to the Series A Preferred Stock as to dividends) may be paid or declared and set aside for the payment or other distribution made upon our common stock, nor may we redeem, purchase, or otherwise acquire for value any shares of our common stock. Holders of Series A Preferred Stock are not entitled to any dividends in excess of full cumulative dividends. No interest accrues on dividend payments in arrears.

Westmoreland is prohibited from declaring common stock dividends until preferred stock dividends that are accumulated, but unpaid, are satisfied. However, the Company’s convertible note purchase agreement prohibits the Company from paying dividends on or redeeming preferred stock so long as the convertible notes are outstanding.

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