Westmoreland Coal Company announced certain clarifications with respect to its previously announced solicitation of consents from holders of its outstanding 10.75% Senior Secured Notes due 2018 to approve proposed amendments to the indenture relating to the Notes and to the related security and intercreditor agreements. As previously disclosed, Westmoreland will make a cash payment (the "Consent Payment") of $1.25 per $1,000 in principal amount of Notes as to which a duly executed consent is delivered by a holder, and not revoked, on or prior to the expiration date for the consent solicitation, namely 5:00 p.m., New York City time, on February 3, 2014. Westmoreland's obligation to make any Consent Payment is contingent upon completion of the Sherritt Acquisition, receipt of the requisite consents to approve the proposed amendments and other conditions described in the consent solicitation statement dated January 24, 2013 relating to the consent solicitation.

Westmoreland expects to make the Consent Payment as promptly as practicable after satisfaction of the conditions to the Consent Payment, including, without limitation, the completion of the Sherritt Acquisition. Accordingly, it is not expected that the Consent Payment will be made three business days after the Expiration Date, as the conditions to payment are not expected to be satisfied at such time, but will be made thereafter within three days of such conditions being satisfied.