VIA FACSIMILE & U.S. MAIL

September 19, 2005

Mr. Donald L. Blankenship
Chairman, President & Chief Executive Officer
Massey Energy Co.
4 North 4th Street
Richmond, VA  23219

Dear Mr. Blankenship:

We are writing to inform you that certain entities managed by Third Point LLC
("Third Point") have acquired a 5.9% interest in Massey Energy Co. (the
"Company" or "Massey"), bringing our holdings to 4,535,000 of the outstanding
shares.

We agree with the view that other shareholders have expressed, both on your
second quarter earnings conference call dated July 29, 2005, and in a more
formal SEC 13(d) filing dated September 16, 2005, that the Board should
immediately implement a share repurchase program.

With all due respect, it appears that the market has imputed a "Blankenship
discount" to the Company's valuation based on the lower performance and discount
at which the company trades to its peers. Such a discount may be attributable to
the Company's many operating glitches, disappointments in earnings and recent
failure to hedge its diesel costs. (According to research analyst John Hill of
Citigroup, the 55 million gallons of diesel fuel you consume annually have risen
in price from $1.35 per gallon to $2.33 per gallon. Such an increase represents
$50 million in foregone cash flow.)

Accordingly we demand that any free cash flow be returned to shareholders via a
share repurchase.

Our own conversations with investment bankers suggest that the capital markets
environment would be supportive of increased leverage on your balance sheet.
Consensus estimates put your 2006 EBITDA at $750 million, although our estimates
put cash flow more in the $800 million to $900 million range based on current
market pricing for central Appalachian steam and metallurgical coal. (This
assumes no major operating snafus as you have sometimes experienced in the
past.) Given a 2006 preliminary budget of $300 million to $350 million for both
maintenance and growth initiatives, there is plenty of cash flow left over to
repurchase shares while they trade at a steep discount to your peers. In
addition, there is plenty of balance sheet capacity to increase leverage and use
these proceeds to further enhance a share repurchase program or Dutch tender.

Your shareholders have spoken. Based on these extensive communications from your
largest shareholders in the public forum, it is now time for action and as such
we look forward to hearing what specific steps management and the Board have
taken with respect to its retention of the appropriate advisors to evaluate
structural alternatives and render a decision regarding a financial transaction.
Should you and the Board remain like deer frozen in the headlights, I am certain
that, with the constitution of the Company's shareholder base, we could rally
support for new leadership to manage the company and its capital structure more
effectively.



Very truly yours,


/s/ Daniel S. Loeb
Daniel S. Loeb
Chief Executive Officer