Walter Energy, Inc. (NYSE:WLT), the world's leading publicly traded "pure play" producer of metallurgical coal for the global steel industry, is responding to a request from the Investment Industry Regulatory Organization of Canada on behalf of the Toronto Stock Exchange following recent trading activity. Walter Energy is not aware of any corporate developments to account for this activity. The Company's policy is not to comment on rumors or speculation, and accordingly does not intend to comment further.

Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States.

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