CEDAR COAL COMPANY
CENTRAL APPALACHIAN COAL COMPANY
SOUTHERN APPALACHIAN COAL COMPANY
(COLLECTIVELY, THE COAL SUBSIDIARIES)
ANNUAL REPORT PER REQUIREMENTS OF HOLDING COMPANY ACT
FILE NO. 70-7414 RELEASE NO. 24429
BY MONTH, FOR THE YEAR ENDED DECEMBER 31, 1995
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THE COAL SUBSIDIARIES
STATEMENT OF DECLARATION AND PAYMENT OF
DIVIDENDS OUT OF PAID-IN CAPITAL SURPLUS
BY MONTH, FOR THE YEAR ENDED DECEMBER 31, 1995
($ IN THOUSANDS)
<CAPTION>
Month Central Southern
Dividends Cedar Appalachian Appalachian Total
Declared Coal Coal Coal Coal
and Paid Company Company Company Subsidiaries
<S> <C> <C> <C> <C>
January
February
March $ 200 $ 500 $ 700
April
May
June
July
August $ 2,000 $ 2,000
September
October $ 50 $ 500 $ 550
November
December
Total
Current
Year $ 250 $ - $ 3,000 $ 3,250
Cumulative
Amount* $19,656 $5,847 $14,011 $39,514
<FN>
Note: In 1987, the Securities and Exchange Commission authorized
each of these Coal Subsidiaries to declare and pay dividends
periodically to its parent out of paid-in capital until the amount
of dividends in aggregate equaled $58.4 million, the aggregate
paid-in capital of the companies as of April 30, 1987.
*Amount of dividends declared and paid to its parent out of paid-
in capital since April 30, 1987.
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