EXHIBIT 99.1

                                                           FOR IMMEDIATE RELEASE

                                                                        Contact:
                                                              Katharine W. Kenny
                                                    Director, Investor Relations
                                                                  (804) 788-1824

                         MASSEY ENERGY ANNOUNCES CLOSING
                        OF 4.75% CONVERTIBLE SENIOR NOTES

Richmond, Virginia, May 29, 2003 - Massey Energy Company (NYSE:MEE) announced
today the closing of its private offering of $132 million principal amount of
4.75% convertible senior notes due May 15, 2023. The aggregate $132 million of
notes includes the previously announced offer of $110 million plus a full
exercise by the initial purchasers of their option to purchase an additional $22
million of notes. The Company used the proceeds of the offering to permanently
repay indebtedness under its existing revolving credit facility.

The Company reported that the convertible senior notes are part of its overall
refinancing program, currently being negotiated with financial institutions,
which when completed would replace the Company's existing credit facility,
scheduled to expire on November 25, 2003.

The notes were offered only to qualified institutional buyers and non-U.S.
persons, pursuant to Rule 144A and Regulation S, respectively, of the Securities
Act of 1933, at a price of $1,000 per note. The notes are unsecured and
unsubordinated obligations of the Company which are convertible into shares of
the Company's common stock initially at a conversion rate of 51.573 shares of
common stock per $1,000 principal amount of notes (equal to an initial
conversion price of $19.39 per share). Holders of the notes may convert their
notes into shares of the Company's common stock: (i) if the Company's common
stock maintains a certain per share price over a certain period, (ii) upon the
Company's call for redemption, (iii) upon the occurrence of certain specified
corporate transactions or (iv) upon the occurrence of certain events relating to
a decline in the rating of the notes. The notes are guaranteed by the Company's
wholly owned subsidiary, A.T. Massey Coal Company, Inc.

In addition to the holders' right to convert the notes into shares of common
stock of the Company, the holders may require the Company to purchase all or a
portion of their notes on May 15, 2009, May 15, 2013 and May 15, 2018. Notes
purchased on May 15, 2009 will be paid for in cash. Notes purchased on May 15,
2013 or May 15, 2018 may be paid for, at the option of the Company, in cash or
the Company's common stock, or a combination thereof.



In addition, upon the occurrence of certain events prior to May 15, 2009, the
holders of the notes may require the Company to purchase all or a portion of
their notes for cash. On or after May 20, 2009, the Company may redeem for cash
all or a portion of the notes.

In connection with this private offering, the securities have not been and will
not be registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act and
applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any of the securities.

Massey Energy Company, headquartered in Richmond, Virginia, is the fourth
largest coal company in the United States based on produced coal revenue.

FORWARD-LOOKING STATEMENTS: The foregoing release contains forward-looking
statements. Such forward-looking statements reflect current analysis of existing
information. Caution must be exercised in relying on forward-looking statements.
No assurance can be given that the proposed offering can be completed on
acceptable terms. Additional information concerning factors that could cause
actual results to differ materially from those in the forward-looking statements
can be found in press releases as well as Massey's public periodic filings with
the Securities and Exchange Commission, including the Company's Annual Report on
Form 10-K filed on March 31, 2003 (as amended by Form 10-K/A filed on April 9,
2003). Such filings are available either publicly or upon request from Massey's
Investor Relations Department: (866) 814-6512. Massey disclaims any intent or
obligation to update its forward-looking statements. For further information,
please contact: Investor Relations, Katharine W. Kenny, (804) 788-1824, of
Massey or e-mail the Company at www.masseyenergyco.com.

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