Barclays 2012 CEO Energy/Power Conference - Peabody Energy

Peabody U.S. Platform: Continued Focuson Success at Low End of Cost Curve● Current-year U.S. position fully priced since late 2011– 70% – 75% priced for 2013 based on 2012 production levels● Continued operational focus on cost containment:reducing overtime, use of contractors,discretionary spending● Closure of Air Quality Mine in Q3 2012– 1.2 MTPY of sales; among Peabody‟s highest-cost U.S. mines● Lowering 2013 capital for Twentymile Sage Creek andGateway North extensions while matching new volumeswith current production profileUnpriced position as of June 30, 2012. Air Quality sales based on 2011 reported sales volumes.22