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Press release from Marketwire

Walter Energy Names Paul Blalock Head-Investor Relations

Thursday, July 21, 2011

Walter Energy Names Paul Blalock Head-Investor Relations16:00 EDT Thursday, July 21, 2011BIRMINGHAM, AL--(Marketwire - July 21, 2011) - Walter Energy (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure play" producer of coking coal for the global steel industry, today named Paul Blalock head - investor relations. Blalock will be the Company's primary contact for the investment community.Blalock joins Walter Energy from Clearwire Corporation, a leading provider of wireless broadband services, where he has been vice president - investor relations since 2010. Prior to joining Clearwire, Blalock was senior vice president - investor relations at SIRIUS Satellite Radio. He was vice president - investor relations for Nextel Communications, Inc. from 1995 to 2005 and has spent more than 20 years in investor relations in the telecommunications industry.He holds a Masters of Business Administration degree from the University of Arkansas, Fayetteville and a Bachelor's Degree in Economics from Henderson State University.About Walter EnergyWalter Energy is the world's leading, publicly traded "pure play" coking coal producer for the global steel industry. The Company also produces steam coal and industrial coal, anthracite, metallurgical coke and coal bed methane gas. The Company has strategic access to high-growth steel markets in Asia, South America and Europe. Walter Energy had 2010 pro forma revenues of approximately $2.3 billion and employs approximately 4,400 employees and contractors with operations in the United States, Canada and United Kingdom. For more information about Walter Energy, please visit the company website at FURTHER INFORMATION PLEASE CONTACT: Paul BlalockInvestor Contact:604.608.2692 x 118paul.blalock@walterenergy.comORMichael A. MonahanMedia