-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NqZmx1MBYy78MG+sgDjdNgs4XoXpbmK5+rQj2belFt8L5u0mK2bniwnbx2Rf3AKa
 m7ZIZzMGA5yBe7LYNA4zwQ==

<SEC-DOCUMENT>0000950129-08-000215.txt : 20080117
<SEC-HEADER>0000950129-08-000215.hdr.sgml : 20080117
<ACCEPTANCE-DATETIME>20080116174416
ACCESSION NUMBER:		0000950129-08-000215
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20080116
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080117
DATE AS OF CHANGE:		20080116

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATURAL RESOURCE PARTNERS LP
		CENTRAL INDEX KEY:			0001171486
		STANDARD INDUSTRIAL CLASSIFICATION:	BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
		IRS NUMBER:				352164875
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31465
		FILM NUMBER:		08534279

	BUSINESS ADDRESS:	
		STREET 1:		601 JEFFERSON STREET
		STREET 2:		SUITE 3600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		7137517514

	MAIL ADDRESS:	
		STREET 1:		601 JEFFERSON STREET
		STREET 2:		SUITE 3600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>h53149e8vk.htm
<DESCRIPTION>FORM 8-K - CURRENT REPORT
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)<BR>
OF THE SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): January&nbsp;16, 2008</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>NATURAL RESOURCE PARTNERS L.P.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>001-31465</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>35-2164875</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">of incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification No.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>601 Jefferson, Suite&nbsp;3600</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>Houston, Texas</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>77002</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip code)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">offices)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Registrant&#146;s telephone number, including area code: <B>(713)&nbsp;751-7507</B></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>






<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;16, 2008, the Board of Directors of the general partner of Natural Resource
Partners L.P. amended the Natural Resource Partners Long-Term Incentive Plan (the &#147;LTIP&#148;) to add
Distribution Equivalent Rights as an award that can be granted in tandem with phantom units awarded
under the LTIP. The amended and restated plan is attached to this Form 8-K as Exhibit&nbsp;10.1.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item </B>7<B>.01. Regulation&nbsp;FD Disclosure.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with General Instructions B.2. and B.6 of Form 8-K, the following information
and the exhibit referenced therein are being furnished under Item&nbsp;7.01 of Form 8-K and are not
deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended, are
not subject to the liabilities of that section and are not deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;16, 2008, Natural Resource Partners L.P. announced via press release its guidance
for 2008 and its quarterly distribution with respect to the fourth quarter of 2007. A copy of the
press release is attached hereto as Exhibit&nbsp;99.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements And Exhibits.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Exhibits</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Natural Resource Partners Second Amended and Restated Long-Term Incentive Plan</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release dated January&nbsp;16, 2008.</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U><B>SIGNATURES</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>NATURAL RESOURCE PARTNERS L.P.</B><BR>
(Registrant)</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">NRP (GP)&nbsp;LP</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">its General Partner</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">GP Natural Resource Partners LLC
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">its General Partner</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Wyatt L. Hogan</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Wyatt L. Hogan</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Vice President and General Counsel</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dated: January&nbsp;16, 2008
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>h53149exv10w1.htm
<DESCRIPTION>SECOND AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN
<TEXT>
<HTML>
<HEAD>
<TITLE>exv10w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>NATURAL RESOURCE PARTNERS<BR>
SECOND AMENDED AND RESTATED<BR>
LONG-TERM INCENTIVE PLAN</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION
1. Purpose of the Plan.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Natural Resource Partners Long-Term Incentive Plan (the &#147;Plan&#148;) is intended to promote the
interests of Natural Resource Partners L.P., a Delaware limited partnership (the &#147;Partnership&#148;), by
providing to employees and directors of GP Natural Resource Partners LLC (the &#147;Company&#148;) and its
Affiliates who perform services for the Partnership incentive compensation cash awards for superior
performance that are based on Units. The Plan is also contemplated to enhance the ability of the
Company and its Affiliates to attract and retain the services of individuals who are essential for
the growth and profitability of the Partnership and to encourage them to devote their best efforts
to the business of the Partnership, thereby advancing the interests of the Partnership and its
partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION
2. Definitions.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As used in the Plan, the following terms shall have the meanings set forth below:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Affiliate&#148; means, with respect to any Person, any other Person that directly or indirectly
through one or more intermediaries controls, is controlled by or is under common control with, the
Person in question. As used herein, the term &#147;control&#148; means the possession, direct or indirect,
of the power to direct or cause the direction of the management and policies of a Person, whether
through ownership of voting securities, by contract or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Award&#148; means a Phantom Unit granted under the Plan, and shall include any tandem DERs granted
with respect to a Phantom Unit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Board&#148; means the Board of Directors of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Change in Control&#148; shall be deemed to have occurred upon the occurrence of one or more of the
following events: (i)&nbsp;any sale, lease, exchange or other transfer (in one or a series of related
transactions) of all or substantially all of the assets of the Partnership, NRP (GP)&nbsp;LP or the
Company to any Person, other than the Partnership, NRP (GP)&nbsp;LP, the Company or any of their
Affiliates, or (ii)&nbsp;any merger, reorganization, consolidation or other transaction pursuant to
which more than 50% of the combined voting power of the outstanding equity interests in either NRP
(GP)&nbsp;LP or the Company ceases to be owned by the Persons who own such interests, respectively, as
of the effective date of the initial public offering of Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Committee&#148; means the Compensation Committee of the Board or such other committee of the Board
appointed by the Board to administer the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;DER&#148; means a contingent right, granted in tandem with a specific Phantom Unit, to receive an
amount in cash equal to the cash distributions made by the Partnership with respect to a Unit
during the period such Phantom Unit is outstanding.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Director&#148; means a member of the Board or the Board of Directors or Board of Managers of an
Affiliate who is not an Employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Employee&#148; means any employee of the Company or an Affiliate, as determined by the Committee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Fair Market Value&#148; means the average of the last reported sales prices for the&nbsp;20&nbsp;consecutive
Trading Days before the date in question. The last reported sales price for each day shall be the
last reported&nbsp;sale price regular way on the New York Stock Exchange or any other national
securities exchange on which the Units are listed. In the event there is no sale of Units on the
New York Stock Exchange or any other national securities exchange on which the Units are listed for
the 20 consecutive Trading Days preceding such date, the determination of fair market value shall
be made in good faith by the Committee.&nbsp; As used herein, the term &#147;Trading Days&#148; with respect to
Units means if the Units are&nbsp;listed or admitted for trading on the New&nbsp; York Stock Exchange or any
national securities exchange, days on which the New York Stock Exchange or such national securities
exchange is open for business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Participant&#148; means any Employee or Director granted an Award under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Partnership Agreement&#148; means the Third Amended and Restated Agreement of Limited Partnership
of Natural Resource Partners L.P., as amended from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Person&#148; means an individual or a corporation, limited liability company, partnership, joint
venture, trust, unincorporated organization, association, government agency or political
subdivision thereof or other entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Phantom Unit&#148; means a phantom (notional)&nbsp;Unit granted under the Plan which upon vesting
entitles the Participant to receive an amount of cash equal to the Fair Market Value of a Unit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Restricted Period&#148; means the period established by the Committee with respect to an Award
during which the Award remains subject to forfeiture (is not vested) and is not payable to the
Participant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Unit&#148; means a Common Unit of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><u> SECTION 3. Administration. </u>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Committee shall administer the Plan. A majority of the Committee shall constitute a
quorum, and the acts of the members of the Committee who are present at any meeting thereof at
which a quorum is present, or acts unanimously approved by the members of the Committee in writing,
shall be the acts of the Committee. Subject to the following and any applicable law, the
Committee, in its sole discretion, may delegate any or all of its powers and duties under the Plan
(provided the Chief Executive Officer is a member of the Board), including the power to grant
Awards under the Plan, to the Chief Executive Officer of the Company, subject to such limitations
on such delegated powers and duties as the Committee may impose, if any. Upon any such delegation
all references in the Plan to the &#147;Committee&#148;, other than in Section&nbsp;6, shall be deemed to include
the Chief Executive Officer; provided, however, that such delegation shall not limit the
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-2-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Chief Executive Officer&#146;s right to receive Awards under the Plan. Notwithstanding the foregoing,
the Chief Executive Officer may not grant Awards to, or take any action with respect to any Award
previously granted to, a person who is an executive officer or a member of the Board. Subject to
the terms of the Plan and applicable law, and in addition to other express powers and
authorizations conferred on the Committee by the Plan, the Committee shall have full power and
authority to: (i)&nbsp;designate Participants; (ii)&nbsp;determine the number of Units to be covered by
Awards; (iii)&nbsp;determine the terms and conditions of any Award; (iv)&nbsp;determine whether, to what
extent, and under what circumstances Awards may be settled, exercised, canceled, or forfeited; (v)
interpret and administer the Plan and any instrument or agreement relating to an Award made under
the Plan; (vi)&nbsp;establish, amend, suspend, or waive such rules and regulations and appoint such
agents as it shall deem appropriate for the proper administration of the Plan; and (vii)&nbsp;make any
other determination and take any other action that the Committee deems necessary or desirable for
the administration of the Plan. Unless otherwise expressly provided in the Plan, all designations,
determinations, interpretations, and other decisions under or with respect to the Plan or any Award
shall be within the sole discretion of the Committee, may be made at any time and shall be final,
conclusive, and binding upon all Persons, including the Company, the Partnership, any Affiliate,
any Participant, and any beneficiary of any Award.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION
4. Eligibility.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any Employee or Director who performs services for the Partnership shall be eligible to be
designated a Participant and receive an Award under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION
5. Awards.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Phantom Units</U>. The Committee shall have the authority to determine the Employees
and Directors to whom Phantom Units shall be granted, the number of Phantom Units to be granted to
each such Participant, the Restricted Period, the conditions under which the Phantom Units may
become vested or forfeited, which may include, without limitation, the accelerated vesting upon the
achievement of specified performance goals, and such other terms and conditions as the Committee
may establish with respect to such Awards, including whether DERs are granted with respect to such
Phantom Units.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) DERs. To the extent provided by the Committee, in its discretion, a grant of
Phantom Units may include a tandem DER grant, which may provide that such DERs shall be paid
directly to the Participant, be credited to a bookkeeping account (with or without interest
at the discretion of the Committee) subject to the same vesting restrictions as the tandem
Award, or be subject to such other provisions or restrictions as determined by the Committee
in its discretion.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <U>Forfeiture</U>. Except as otherwise provided in the terms of the Phantom
Units grant, upon termination of a Participant&#146;s employment with the Company and its
Affiliates or membership on the Board, whichever is applicable, for any reason during the
applicable Restricted Period, all unvested Phantom Units and any tandem DERs shall be
forfeited by the Participant unless otherwise provided in a written employment agreement
between the Participant and the Company or its Affiliates. The Committee may, in its
discretion, waive
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-3-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">in whole or in part such forfeiture with respect to a Participant&#146;s Phantom Units and
tandem DERs.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <U>Lapse of Restrictions</U>. Upon or as soon as reasonably practical following
the vesting of each Phantom Unit, the Participant shall be entitled to receive from the
Company an amount of cash equal to the Fair Market Value of a Unit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>General</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <U>Awards May Be Granted Separately or Together</U>. Awards may, in the
discretion of the Committee, be granted either alone or in addition to, in tandem with, or
in substitution for any other Award granted under the Plan or any award granted under any
other plan of the Company or any Affiliate. Awards granted in addition to or in tandem with
other Awards or awards granted under any other plan of the Company or any Affiliate may be
granted either at the same time as or at a different time from the grant of such other
Awards or awards.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <U>Limits on Transfer of Awards</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Except as provided in (B)&nbsp;below, no Award and no right under any such Award
may be assigned, alienated, pledged, attached, sold or otherwise transferred or
encumbered by a Participant and any such purported assignment, alienation, pledge,
attachment, sale, transfer or encumbrance shall be void and unenforceable against
the Company or any Affiliate.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Participants may transfer Awards by will and the laws of descent and
distribution.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <U>Term of Awards</U>. The term of each Award shall be for such period as may
be determined by the Committee.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) <U>Consideration for Grants</U>. Awards may be granted for such consideration,
including services or such minimal consideration as may be required by law, as the Committee
determines.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) <U>Change in Control</U>. Upon a Change in Control or such period prior thereto
as may be established by the Committee, all Awards shall automatically vest and become
payable in full. In this regard, all Restricted Periods shall terminate and all performance
criteria, if any, shall be deemed to have been achieved at the maximum level.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>Adjustments</U>. In the event that the Committee determines that any distribution
(whether in the form of cash, Units, other securities, or other property), recapitalization, split,
reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase,
or exchange of Units or other securities of the Partnership, issuance of warrants or other rights
to purchase Units or other securities of the Partnership, or other similar transaction or event
affects the Units such that an adjustment is determined by the Committee to be appropriate in order
to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under the
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-4-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Plan, then
the Committee shall, in such manner as it may deem equitable, adjust any or all of (i)&nbsp;the
number and type of Units (or other securities or property) with respect to which Awards may be
granted, (ii)&nbsp;the number and type of Units (or other securities or property) subject to outstanding
Awards, and (iii)&nbsp;if deemed appropriate, make provision for a cash payment to the holder of an
outstanding Award; provided, that the number of Units subject to any Award shall always be a whole
number.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION
6. Amendment and Termination.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except to the extent prohibited by applicable law:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Amendments to the Plan</U>. Except as required by the rules of the principal
securities exchange on which the Units are traded and subject to Section 6(b) below, the Board or
the Committee may amend, alter, suspend, discontinue, or terminate the Plan in any manner,
including increasing the number of Units available for Awards under the Plan, without the consent
of any partner, Participant, other holder or beneficiary of an Award, or other Person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Amendments to Awards</U>. Subject to Section&nbsp;6(a), the Committee may waive any
conditions or rights under, amend any terms of, or alter any Award theretofore granted, provided no
change, other than pursuant to Section&nbsp;6(c), in any Award shall materially reduce the benefit to a
Participant without the consent of such Participant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>Adjustment of Awards Upon the Occurrence of Certain Unusual or Nonrecurring
Events</U>. The Committee is hereby authorized to make adjustments in the terms and conditions of,
and the criteria included in, Awards in recognition of unusual or nonrecurring events (including,
without limitation, the events described in Section 5(c) of the Plan) affecting the Partnership or
the financial statements of the Partnership, or of changes in applicable laws, regulations, or
accounting principles, whenever the Committee determines that such adjustments are appropriate in
order to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION 7.</U> <U>General Provisions.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>No Rights to Award</U>. No Person shall have any claim to be granted any Award under
the Plan, and there is no obligation for uniformity of treatment of Participants. The terms and
conditions of Awards need not be the same with respect to each recipient.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Withholding</U>. The Company or any Affiliate is authorized to withhold from any
Award, from any payment due under any Award or from any compensation or other amount owing to a
Participant the amount of any applicable taxes payable in respect of the grant of an Award, the
lapse of restrictions thereon, or any payment under an Award or under the Plan and to take such
other action as may be necessary in the opinion of the Company to satisfy its withholding
obligations for the payment of such taxes.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>No Right to Employment</U>. The grant of an Award shall not be construed as giving a
Participant the right to be retained in the employ of the Company or any Affiliate or to remain on
the Board, as applicable. Further, the Company or an Affiliate may at any time dismiss a
Participant
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-5-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">from employment, free from any liability or any claim under the Plan, unless otherwise
expressly provided in the Plan or in any Award agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;<U>Governing Law</U>. The validity, construction, and effect of the Plan and any rules
and regulations relating to the Plan shall be determined in accordance with the laws of the State
of Delaware law without regard to its conflict of laws principles.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;<U>Severability</U>. If any provision of the Plan or any award is or becomes or is
deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or Award,
or would disqualify the Plan or any award under any law deemed applicable by the Committee, such
provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot
be construed or deemed amended without, in the determination of the Committee, materially altering
the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction,
person or award and the remainder of the Plan and any such Award shall remain in full force and
effect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;<U>Other Laws</U>. The Committee may refuse to pay any cash under an Award if, in its
sole discretion, it determines that the payment might violate any applicable law or regulation or
the rules of the principal securities exchange on which the Units are then traded.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;<U>No Trust or Fund Created</U>. Neither the Plan nor any Award shall create or be
construed to create a trust or separate fund of any kind or a fiduciary relationship between the
Company or any participating Affiliate and a Participant or any other Person. To the extent that
any Person acquires a right to receive payments from the Company or any participating Affiliate
pursuant to an award, such right shall be no greater than the right of any general unsecured
creditor of the Company or any participating Affiliate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;<U>Headings</U>. Headings are given to the Sections and subsections of the Plan solely
as a convenience to facilitate reference. Such headings shall not be deemed in any way material or
relevant to the construction or interpretation of the Plan or any provision thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;<U>Facility Payment</U>. Any amounts payable hereunder to any person under legal
disability or who, in the judgment of the Committee, is unable to properly manage his financial
affairs, may be paid to the legal representative of such person, or may be applied for the benefit
of such person in any manner which the Committee may select, and the Company shall be relieved of
any further liability for payment of such amounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;<U>Gender and Number</U>. Words in the masculine gender shall include the feminine
gender, the plural shall include the singular and the singular shall include the plural.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)&nbsp;<U>Participation by Affiliates</U>. With respect to the Awards made to the employees of
an Affiliate, the Company shall act as an agent of such participating Affiliate. In this regard,
the Company shall make payment with respect to such Awards directly to the participating Affiliate,
which, in turn, shall be responsible for making the payments with respect to such Awards to its
eligible employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>SECTION 8. Term of the Plan.</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Plan amendment and restatement shall be effective on the date of its approval by the
Board and shall continue until the date terminated by the Board. However, unless otherwise
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-6-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such
termination, and the authority of the Board or the Committee to amend, alter, adjust, suspend,
discontinue, or terminate any such Award or to waive any conditions or rights under such Award,
shall extend beyond such termination date.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-7-<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>h53149exv99w1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="RIGHT" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit 99.1</B><br><br>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><B>Natural Resource Partners L.P. <BR>
601 Jefferson St., Suite&nbsp;3600, Houston, TX 77002</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="h53149h5314900.gif" alt="(NRP LOGO)"></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>NEWS RELEASE</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Natural Resource Partners L.P.<BR>
Increases Distribution<BR>
And Issues 2008 Guidance</B>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>HOUSTON, January&nbsp;16, 2008 </B>&#150; <B>Natural Resource Partners L.P. (NYSE:NRP) </B>today announced that the
Board of Directors of its general partner has declared a fourth quarter 2007 distribution of $0.485
per unit for NRP, an increase of $0.01 in its quarterly distribution. The distribution will be
paid on February&nbsp;14, 2008 to unitholders of record on February&nbsp;1, 2008. This makes the eighteenth
consecutive quarter that NRP has increased its distribution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>2008 Guidance</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Revenues and distributable cash flow will be significantly higher in 2008 due to increased
production from several mines and significant increases in coal transportation throughput,&#148; said
Nick Carter, President and Chief Operating Officer. &#147;Additionally, in general our lessees are
reporting increased sales prices on both metallurgical and steam coal.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For 2008, NRP expects to generate between $167&nbsp;million and $184&nbsp;million in distributable cash flow,
up over 20% from the midpoint of NRP&#146;s current 2007 guidance. As in the past, distributable cash
flow is shown net of principal payments on its debt, which in 2008 are scheduled to be $23.2
million, up from $13.4&nbsp;million in 2007. &#147;NRP, unlike most MLPs, is amortizing its debt, which
reduces its distributable cash flow. Distributable cash flow, before principal payments, is
forecasted to range from approximately $190&nbsp;million to $207&nbsp;million,&#148; said Dwight Dunlap, Chief
Financial Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Total revenues are also forecasted to increase over 20% from the current 2007 guidance to between
$242&nbsp;million and $277&nbsp;million. Approximately 75% of total revenues will be generated from coal
royalty revenues, ranging from $187&nbsp;million to $207&nbsp;million based on coal royalty revenue per ton
between $3.09 and $3.27. Production volumes are expected to be between 57&nbsp;million tons and 67
million tons and are more heavily weighted towards the second half of the year, as new mines ramp
up production. Transportation fees are forecasted to nearly triple in 2008 to a range of $14
million to $16&nbsp;million. Approximately 23% of NRP&#146;s production and 30% of its coal royalty revenues
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">NRP Increases Distribution and Issues 2008 Guidance
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 2 of 4</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">should be derived from metallurgical coal, with the increased percentage in anticipated revenues
resulting from improved pricing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The following table includes further details regarding guidance for 2008. Consistent with its past
practice, NRP will review the guidance throughout the year and provide updated information as
appropriate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Natural Resource Partners L.P. is headquartered in Houston, TX, with its operations headquarters in
Huntington, WV. NRP is a master limited partnership that is principally engaged in the business of
owning and managing coal properties, and coal handling and transportation infrastructure in the
three major coal producing regions of the United States: Appalachia, the Illinois Basin and the
Powder River Basin. In addition, the partnership also manages aggregate reserves, oil and gas
properties and timber assets across the United States.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For additional information, please contact Kathy H. Roberts at 713-751-7555 or
<U>kroberts@nrplp.com.</U> Further information about NRP is available on the partnership&#146;s
website at <U>http://www.nrplp.com.</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>This press release may include &#147;forward-looking statements&#148; as defined by the Securities and
Exchange Commission. Such statements include the anticipated coal royalty revenues, coal
production, operating expenses, net income and other items listed on the following table. All
statements included in this press release that address activities, events or developments that the
partnership expects, believes or anticipates will or may occur in the future are forward-looking
statements. These statements are based on certain assumptions made by the partnership based on its
experience and perception of historical trends, current conditions, expected future developments
and other factors it believes are appropriate in the circumstances. Such statements are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the control of the
partnership. These risks include, but are not limited to, decreases in demand for coal; changes in
operating conditions and costs; production cuts by our lessees; commodity prices; unanticipated
geologic problems; changes in the legislative or regulatory environment and other factors detailed
in Natural Resource Partners&#146; Securities and Exchange Commission filings. Natural Resource
Partners L.P. has no obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><I>08-01</I>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><I>- table follows-</I>

</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">NRP Increases Distribution and Issues 2008 Guidance
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 3 of 4</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Natural Resource Partners L.P.<BR>
Guidance<BR>
(dollars and tons in millions except per unit amounts)</B>

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="64%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="10" style="border-bottom: 1px solid #000000"><B>Full Year 2008</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="10"><B>(Range)</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Coal royalty revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">186.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">207.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Aggregate revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Override royalties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Oil and gas royalties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Coal processing fees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Coal transportation fees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Property taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other revenues <SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Total Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">242.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">276.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Depreciation, depletion, and amortization</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">70.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">75.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">General and administrative</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Property, franchise and other taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Coal transportation expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Coal royalty and override payments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:30px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Total operating expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">104.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">113.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Interest expense (net)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">22.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">25.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">120.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">132.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income per unit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">1.40</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">1.55</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Principal payments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">23.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">23.2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Distributable cash flow <SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">167.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">184.0</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Other revenues consist of minimums recognized as revenue, wheelage, rentals and timber.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>Distributable cash flow represents net income plus depletion and amortization minus principal
payments. Distributable cash flow is a &#147;non-GAAP financial measure&#148; that is presented because
management believes it is a useful adjunct to net cash provided by operating activities under
GAAP. Distributable cash flow is a significant liquidity metric that is an indicator of NRP&#146;s
ability to generate cash flows at a level that can sustain or support an increase in quarterly
cash distributions paid to its partners. Distributable cash flow is also the quantitative
standard used throughout the investment community with respect to publicly-traded
partnerships. Distributable cash flow is not a measure of financial performance under GAAP
and should not be considered as an alternative to cash flows from operating, investing or
financing activities. We believe that &#147;net cash provided by operating activities&#148; would be
the most comparable financial measure to distributable cash. However, due to the substantial
uncertainties associated with forecasting future changes to operating assets and liabilities,
we cannot provide guidance on forward-looking net cash provided by operating activities or
provide reconciliations of distributable cash flow to that measure.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">NRP Increases Distribution and Issues 2008 Guidance
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 4 of 4</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Guidance continued</B>

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="64%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="10" style="border-bottom: 1px solid #000000"><B>Full Year 2008</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="10"><B>(Range)</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Regional Statistics</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Coal royalty production (tons)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Northern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Central Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">35.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Southern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">45.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">52.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Illinois Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Northern Powder River Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Coal royalty revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Northern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">17.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">21.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Central Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">125.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">135.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Southern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">159.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">175.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Illinois Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Northern Powder River Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">186.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">207.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Average coal royalty revenue per ton</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Northern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">2.80</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">2.92</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Central Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:60px; text-indent:-15px">Southern Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.90</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.25</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Appalachia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">3.34</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">3.54</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Illinois Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Northern Powder River Basin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.82</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.92</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">3.09</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">3.27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Aggregates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Production (tons)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">7.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Average royalty revenue per ton</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">1.40</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">1.61</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><I>-end -</I>

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>h53149h5314900.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h53149h5314900.gif
M1TE&.#EAKP!0`.8``,^TL/W]_5-ME^O2T*N.B]O8UI^#>W)O<7`("XH,"M;`
MNLG'Q%$*$5)0428U5+IY;FY-3ZBSRS%%:?/U\[RXMI5Z=FZ#IMS(Q3,O-)J)
MA.3CXK:IIO/KZ/KZ]::EI?O[^NOAW(-Y>4)7?<>0BHN5KYV:FO7S[.OKZH1I
M99,S,9-+36XN,4LQ,J1\?<5K<XB$@X=R:[.AG3`)#;%(2]?3S_W]^KJRK=C;
MWQ84&,:_O>[BX>:XMJ(*#KC#T7)C854X._?Y^>SIY,K*T!D;)J<I+Y6BN]WB
MY*>JM/7Y](2(F9N2C_O]_?O]^1XE.H(_/X=@8,BDGN;=W$U"0YIE9)%S;UY@
M9ZF<G._S\FE:6486'OCW\]3/TXT5'J$\.LW3VZQE8B8=(N7L[-_>W._O[<_/
MRV89'L%86^ON[N;HY+_`O:,:)/W[^^;GZ+*ML-6=G_G[^Y596HEM;NSFY^.E
MJZZPJ_3W]YF.D(^/C=V&BW4B(HTD)?/P[ZZRNY]P<?[______R'Y!```````
M+`````"O`%````?_@'^"@X-^A@$!-35^`4M+AI"'B(J0A(F2`9&&?XD!?Y6$
MH8*1B`%,'4RI-9Z"I8B1-1VHGZ6@HIR9AY"NO*^W@JE,BL&IO\:_C;F0CDN%
MFLI^H9>:M+NOMJ*,U)B-2V_?;TNUC(HUJI^:T;^DO.GN[MW>WXZLQ_:M\\K,
MW(G"D=+0#JVR!LW8.WZ]F#$#)^P:M77P>O4Z6(J>JWL8`^3+52N1HDFI_A':
MA&[20$PB;[E*UVT<KX7@5I)2IU)9RX#/)#J4B/&>QIB25GD4:H[).&?./!J=
M^,JA-7'B&.7RQDPGHH7B,NE,*8@>HP]`1[*S:A/1AP^91O44%0"51EU^_SX`
M^7!*Z)NY:]">13JJQAJMO>2:#7`V%Q"I'SAI*^MJC>/'?TM%WK28<$%"WA+)
MDM609$Z=5;]^`T+X`\FU@]IVF&#DAA<O-V+?**`!".S7L=/P";&`\FE!==A0
M6*";0AHAR+=L\;*``H4"'@XL(+Q'@XTVV+$78'-B`I"[=[\O`5*G_(3S$Y#(
M"@("!`<M6CIH,6T([>\W>Z(H`+!?@7_^_@48(``$$NC?!0@.$(5[\9D6`!"'
M?8*:-$RPUD,$&&9(VQAU>'%A!$>0<$`50U21EA^KC,2&$$F$<(`%%B1!PHQ%
M8'A$"70L4`4.'A"FP0(A5%&%#SY@08$&&ESA'?\2ZL%G`@=!1-E>%`,,<,$.
M;K@QP@AN0*'``$%T8!DV'8"@P`@/I*GFFFRVV>:6(\00PP87B+%'88Q,F%H-
M80A1!(PD`-I#'1.<D42,%@@@@11-X#"$!M&@6,\G6Q11A002B*"I"`(($",)
M?!`7'09T9"+$'0U@H"H&+-B@@PX<R*%#E3O,X08>+N2:JQF\FC%#KV:X8,87
M<,#1!P!R2)76(!V<J4(*74`KK;1=5%MM"MAF"VT7,W0[[`,HH$!D'`30,(%B
M>H[BAQ$1!`ICHB1$8,$+\G8J@0-#Y(L#CZ6<5(H0+]SK`*:8<FJ!"`XTX($2
M+Y#88P!IA("!HT.``0;_!$YDG$(>>G#A<0(@@\S#R"27'#+'*ZQ0!@LQ<#".
M(1T`\(`>"(!<<\@V)U#SS@CT['//"72!1Y4*Q*"$`154$$()6TR0SEIQB2%$
M!`)H6G6G6-OK0`B.[HM#`VA\@(I0='W`(L($<]JI"/<F<8`4&$@Q1(]^I'$`
M!A4WT00&9=R,\]\)E%RR&D3\ZFL**^211QEE9`'!!1JYH@44,^NL,]!^_^US
MR`AP,8,;(#P9Q08OP!`"#"B$8$<)-F@00&23VI/(&&/<\.?:65M`@@`-+#VQ
MUSA0(-]'\6Q!PJ5KJUUU$Q5WO>_#=N.M=Q,LE,%%X-B+'+C@/!#A@AL7!/$D
M_P@7;%!"!DI3T0<5/J!`AE1^O-'!``",T,(#!!``Y_XQC``%%`4ZT`5H(#[X
M<&`!5@A!TF!0I!!X@`)M\$`!P.*-M:CF"CVX7=:PIKLBE,!%58#;OD)PEH$D
M(P`%L((`#N"%$,&H:@Y@WA"<QZ^Z26P(37"``UC@,1YLCWLD4\,,\+`#'9A@
M`D^B00XV8(4,9*`%4&Q!T@X0@@+\)7Y`V(.L=!"%*(A!`VB0@QBW*`<.[.&,
MM#L!&M:H`2,H<0-*R,`+3H<%"/C``\?90@Z8%AX+?F`/;"A"IQ+EJ4)*H`E2
M\,`<WX:W?4F!#9:YBH^0(X0W:"`,7FB7"&0(O.<A(O]B,<2`#G_`A9&%#(AJ
M,(,;!K`'60!A`F*X0`PR8(!:&B"*!D!?"'Q@ASUD0ARO/`-W3L"=,9SA#"=(
MY@G&H(4]Z$"/-M@`'2)8@A+8P8FZ1`$6I(`%.Z2!#&(H``U*<`<T0,B"`;A!
M#W;'04$J:F])J(*J4D7#'J'E)@7@PQF,P`8-G,$+%H@A&&:X+X+R"V(A8)0.
M);""4OKPE",3XM#.N(8.U.$$&BC`!@A@RXY"T0!4"$$&[.`#,I!&'!,PY@FN
M,(83F/&85XCI!/90@!PH@0!*L(,=XI@!`MB!`+2DHQ2D$`(KV(`,!2C`#6A`
M@:*.H0,6?`.[""F")'A!D(?_'`(&P.`UK1KT:TVQB`:$<(0J\"$,8>A!%1S`
MU4ZVU0J(R,$+=#@PAG)!#2+SH40OP`$3F`!"`6AF36=)2UIVM`(,C(,=G*.$
M.T!R+G*YPAEBJB3O<*8#/XHF4+')V3FB#@L-:(`/7F"#X10@G$M-@Q)\L(#$
M].1!-Z@7"8QPAC`<+(;-HU@G9S@$-MRS)4;@@Z?J)0!\$?2KG@S``@)65PF0
M($LCX,\%0-#*#D`(0F>Y@AC2$`..YB]_4.Q#'\*E6`K0`(P+.$`:R",_6=2!
M21W8PP#<X((9I&QE/X``!)Y`!2=:P0I*:.P=[O""%]S!`W1(@X+),)L;&($Y
M?#C`_QWJ8$$F7%51%JA-((NKKTY2K&)<]8"#_,",V+X+AAWV&ABDX+42(&(!
M26A`<[<P@`*L5$GE*0]Y))O1!3#QN_FK90NH$(<XH``&2K`!;4Y@`C$X$$(=
M,,&L=H`E/)BA"VK@0L\8P&4N9^'++,CO?OG;`@/DSPH`+!""%("@"P"`=`>@
M086-5[4B="<-#6!>U]J:KSYCH`I!"D$=\@0.$R<*81VV&%<;\`*O]6@-,):Q
M#D5P`CF<(<?7O6X0TE""1:*@`F;F*-*(C((X5,`.5J"`$&[`AC%(&;%C`$('
M+N"&&:0@RSCS69>[G`4&R.#7P/YR%ABW@HP96P7(3G;&(/_``@)8L`9BJ%<1
M>I"&(\@PQ;S],`9"0($#W,`^<@&"$=99M4-V4@I4M&;#P%"J-0B!!&QCFP"T
MT)WO0+D#'-#!#C(0VGX/%0M4:,'ZID#>%A`@!C9@\Y7<\`4G9.$'!0@L`/"@
M!Y)Q;M<8SP*P-\[EGWE\<R#3LJ\A\+1UI%->%BB"IB2`7.#U.5]-.,(1I%`"
MTJ`("4!(:Z*RJN)]84`)Y+P#BQ]6J7A+P`)7",,$K%L'('```"X@@I990(,Q
M[&$,(%C`$[*P`F&#N0R)6T$*]-`QDB%@!3F0Q0X>0`137@[C&)=!`XRS1`)@
M@0$?S]S?M(P`!K#`%>(P2#J/\$+_<[?<8KS%81-$8(%#-J`.IOE`#3[`AAXT
MGI.=9+0/)#PQ#RS!;/`FF*"]$U,M7,`,;?>AW\7`B%3,[PE=ASO(_\:`+-@@
ML#O`0]O?#O>X'^`O<OD`"`A0!CU8#G":Z_NOG8:(-\1N)$PP,:);CH,F))1B
M>J-K5H7P>4:L00,1D">)NNJH%7-U"`T8^NO>+6-,):$.9VCF`%R@!C7XL&<R
M8$$!2/,@ZT(!]EWV,X!C=EFP`4Q@`FM',UO6>[OV:P>@%V_P7AW0!UU@?,B'
M?,I'`W&1#,;0%NPB`'IV;D*R-$%2!9*V4)C2!$DP`6\@%3=0`E)0!4GP.RZ'
M`^>G+Y[G_VYV<"F90@):P`$[$'6FI&OY)P;R\`:G<`%]L`(!"#0X(S@(4`96
ML`0Q\P!YT'<,"'<R\("(0!YUT"P/T`47>#D>YVL4L(&!APQ:<`-'P')NY7,E
MP`<RUS#:1S#W(@%>0!IY<09;T`8?)"2IDFT#!7,SY`&,4'29(@(M@`<S8'$Z
M@W=X5X0+<0H#T`).@'<""%$DPP5YP`(;<!9GX@1ED(5:Z`-K8`A+T'1E,@)F
MP#EY5X8RT`:,<!?/EQH=X`5)8%P>AGYN<P!%<``YA((%<R]'P'\?L`56H$@'
M<`"ITB@%!7/3@P-'@`ATEBE8,`/V-X18B(F2R`P?H`510`!.D/^)><4#:M`%
MJ@0`=I<&:*$#"F``4X`Q/Z`R7E>*]S0>LL8!;F`&K_@SF,AE,E`"P)>&*L$$
MZ84!]-1)39!G>M,`Q=5<$I`\6U,'SF<V;6`%VY1^NP6-N#6-`5`I50,!*6!Q
M"]AW/E.$\4"%43`"*N"$/V2.GS,`?F4"'E`%K14`8I`#&4!DJ(,"3_"3^@4!
M*S"/7;>%]L$(2U`#D_,`?1.%#,`X4!F5C.-K2A`9!,D69G,'!P"#7?5RTY-#
M=B@!!V!Y,,(V7O!Y'ZD$OP,&6]65BI=#S).#6Q`#<*`'V2AR6&B278:2R0`$
M3!`%4-"2?Z,'<#`"(*`%2#`!5X`$5U#_`E60AVM``S:@2PH$`Y9Y`*93`4I@
M!7-2`HQV%C:'"&N`=6RV``N@<#EPF@I``3803:232%)QE=*@!=MU!".RC('(
M/--#5P,C`"1P!$9P!6R`(0B3!.+P!D#22!NI>&RC0T,PC1\`F'"P`GJP.+U&
MBGP)%4P``E#0!660!RN@`M'%2D#`3-9%'FPP(F(@>9()4E10`53PG@ND0$!G
M!7#4`'?P'>$`&&,0!61``P6P`$A%`S1P`^&4!@EF`W2`*@]3"@;Q`36EE2%T
M;8I7AP53`N4Q!A[0`S=P/`W@?'X@!!*SBWW6!%4@!,S(<D?P>7N0;P.P`U!`
M`"T0!T\P!<4"_P?ZY008PP)2X#H_\7DF``([H"`<\![QT0%O(!?G(9P+T``'
M,!=,T)Y),Z7P:9D94`(;4%H+8`-5D)\6818IU6K$%`3$U$\TL*5TH%1BX`%S
M]Q??4(NMP`1B8`7RE'Z)MYO"F"D1P`<E(`0%`'^>.00WF9R[B)!)4`)D<`(%
M8)M-P`?A\$IC(`9,9`=(0Z7P&5*F$UJN`Q;?(1=:5$Q*T@&@"2&2Q08%4`(8
M8`=R$:4VX)Y48)F6*5)&E9I(10$^<`>+<(\:H5UDD`,0M`'9L0$;X`$/Y`5?
MQ*;3H0W'D`@':8,8($/9QYL"DRD'(P!IH"0W(#<X\*3*-:)NB4@O</]I8V`$
M(80#?/`7=3`&/V)-AH4TM02?21,"+X`%/J`!XG`69Z$%:!4&E94>0``?=2!9
M88`&(HH!.?`@-=">\8DZEJF9&Y`#`T0;:)!>=R`,2V$(=0`"-A!'.S4GI96:
M`NI@8,2F-*`5-%$3$<-B'Q:M(J!R86DU)&!Y!W`\,P0&&F`V;^-RT&A5(9`$
M0G!Y!TMY.7`'L?J>E:H^1/:>!&`%.U4`>X"8YT$H5O>T\G&D8O(&4N:?+X!N
M<J`5"HM8,/`"2M`&.0"@7Z0!;,`&.I*?0)`5C#`!!1!-YB4&:'`"08`&&E"F
M&C`;9+"U)^`)R[(.-1`]*UM751`!1G`H5;/_*8-4;GKC:`%0L(WBE3D4`BC(
M.PYPL`%P`C0P2_():F![9!5PI1[0!J:%!F.PI#*EF$OW@R\Z![CB`E]`<'"3
M`U<4`)*YDZ9S8'1GFO\)H&1@`P>@!/MY%HXQ`1D5&V(P&UY`H`6P!61@F@N0
M`UPJ!1$2N+=`8LG)D1'I!<<4!G83;\H#0R&X+PV`LT0U4%_)FP/#*8N2!C6P
M!!J@``20-%($G^%R9`:@!`AG`SF`5&(``AI`IBLU`5K@=`,P!_5%!$2`:U@H
M`SCP`AU`%#[FKADP)\*:I120`QS\9E;P`B50`'5K`O.Q&I&:`\=!!EX@3F2P
MFLX!LG10!0?@&\OZ_P9V(S<X1%<-T`->(`1&$`(%XYMK<R]Z]E5&4`!WD`1L
MZ@!2H$/!N%"<@C!2P`=,(%4Y4+_P661&9CH98)\;O`!;<%I1H`-RP!UG8'5`
MN,#9^%!;]FL^@`9BP@@=L`$5\`-B]I-/@`(!%T7B)5X50``&\A]0T%TRBF8!
MQ&8"@B!*@)]1=<-OV002("-5P'A)D"D"<"'EAEO/Z&ALL`5IT`9\T`8D(&-/
M;,EL$S<V\`U1H),]V3Y<7`)M8`-IL`!"$,91H`%BQ`;\&J0*O,8F@W\0?`!!
M('FE,,=3<)V[YG%[QP4,W,S7\S,><U=ZP,#)!@=?\`4/``%20`&-7)/K^__$
M=24")-"A*Z<WV99Y6W`#Q4$BTFK*$K!58!`#2!@%`%`!1V:T2XMPO4N@"K(@
M793`J`=$-H.%7T,!@E$*WQ@#4S"*32B`F*-W_9A\?K-E/Z`!4=4:(:`W=EB'
MXNPAFA)#NDE#7H,!GQQ:)9"+8&G)6@,&O[8!;:$`EI@%X%EL*E`L4W#-#^`"
M.2TLOC(#7=#`0,3&VQ@'<C`!8!$.27H*&X`"R(R)>G<Y&*AK+CF&RE<!0&!!
MP>0A\+90X<PI[B0P^0(&\E2H<"-#3#PP#B#.!W,O%?-K<,4$,,V$O:?,`QC4
M0MV`$``%>V!O_-<!,8`"#*W,.W-\$DW7VW.!???_`UMPU:^%!!CE!9?2SE9S
M:`C3!'<3@YYY?EUE,<^*IPX@`'_2G`.%`[\6`XT0U[+GU,CG0P+MBMO89670
M!X?Y':_#!`K=E/TXU0.==Z<TAKYF!2:`!%#3`5N@:@C#U4$LD0Z``VUP8`0V
M(J"UEM`8K6DM+\TI0RR-`Z8=`._(`AAGV)H81/4WWKR7S`N(`AP@JFCAUW$P
MBKG-.;N]9;.'/0^E/3HC`Q`0!-YA09`68VC3OH&2/$0\0YU&3G,TU@6EOIX=
MQ6Q#Q#8(;*;M!S"=!QU'CJN=`$2@2@/@)&A`!NI(!4)9/4T-D#XP'XC0`5"P
MT()-V(4]WV-X.3+P`V+0_T>O50-G`\46(`0`M;A$[(PE8`2.&8,J6U#KBX*;
MDH+,8S$RH'$/<P$/P(1Z.=\FDP(/H`!1@`9L<`8:<*8;A3[Q661`Z00I\V5@
M8`43(`Z3,P44GMML_M2!HP;37"TJT'6.4P!(T'2NA1%Q83QH<\EA8`2'UN,=
M5@)C($]<U98V.-U&7F[/.MH/7MKB<`$M`.5._=0/I0+X,V!Q^+_4VT25:JE?
M[I/:W``SWA;J"`?&ENK&AC@;HSBN#I6*HP?0H@)?X`)X,`=#ZF8&H,T9H`%-
M-QI^Q.>88@$]8'D-#M(I5@)O@*HT6+-OJ7V>8@$N(J_,R`(8\&40_&BHK=K(
MQ_\%7>`&.V`ZBY1NW=6NH%:I2`,#H8X%+$`'SE<F`W`@53+O]%[OM)(@\W[+
M8A0%!2`$>\2,Z%8`UO6FKP,U:R#L0GSLYFPQP%,"?V`$<$-0`P4&GET%/=!J
M88!,1F!3(=#Q\`D!8-`&B'`!XAB5><`%=BGKOW+K1E0"!V`$Y2&<9`!@HM91
M[KI`21.?=_,">H$&-R`$`JJF2/(COLO"`=H&=B"O.U5-!F8'S\V,#="E-'`%
M:S!YF&#P=*8V"G]M#+\O2B`.=S.YSTY7+V`$$-),4>!C')4T3M0"/M`J?K`&
M($`!2N`!_ANQ"Q($?47"6J"86@E)N1"=&Q`#-F]+"Z3_[O":4-P:`.I:H/Q4
MIF+@R30@!E]$&Z<J)#*\C#*<^0=@8'@D!B80;N2@%$P0595R,%O_<OO25CC@
M8DO@`1&OX,$HEF8_`1P0MTWT`N^:-#B%`AAP>\)'`240`\,Q^90?)2?PM/$1
M4UI9&[2=145C\_<+MNJN0`7FI%J0%V.`!F>+))$_O3D0QI0O!FK;^>-__F)@
M!/R4\1/@>J(ZBU!Z"L+=$R1V`WR0!,DC`NFW*GL#"&"".#@E`1];51A#C$U-
M&!)525Y(>S0;2A4&&1D&%9^?+SX8-@$!8CDV.31B&JUA8WM:'UH='5I!HAIO
M2TN'6C0VG0;$H%14,#`A%2$9_R4-!T!K-1,G&M=B-&0Y%!0Y9`5&UVQI52],
M'Q]K:^DU`7ZFO@$U3.Y^?NGQZ7_\_?[_`=Z<.7/%Q(D;9"AX*%%"B9T7$"$>
MP$`GP)H`"]J4(%'""A\A1H"\T2(G1Z<,!`@,:U&!2AP8<2"`:6.*30$R9&BP
M0G/ER@0M''2`&'!!`0`?6#1\N.>'"9,""H85:YDL68@7&:QXJ!+MT!YK8FYR
ML^%-2#AQKMI@N?-&6KPE]_[)G4N7;H`Z(D]LH7`GQ($#(4+`.!"GF1T[(2B:
M"G`")QD-9R8`J5-MBQ5.*(EI;D$%!18(6+"0"K#D"IH"!:+HT+%GS(0]`+ZH
MZ$*$2_^9,C)8B%EZSRE4`IY`Q4&!PBK6$G2V'DCGIQJ;;`O(4@"0XT*4Z]DN
MK47R9G&ON'7#B^_G9\D$,1[^^D`:V@>*JQF46(EA1PH?>75NH-D?)O*5`C8H
MT4E*P$TU'`KL23'3$F^<=D$!&NR'QA@#N,!%`CPDH&$"#,CP`PB\P=-!#@8X
M`<&)3Z!PS#&?../!!G1P!80I>W`0Q04YM+$!!0L(L8481MQP0Y`WT(&%$AUT
M]Q9XXS4Y5T!HY*#$`0BRUYX/,%0`408P4/2!.V]<<<8808QA0A!D;%#"@`1.
MY5*52"G8!H.G*;"*!F-P,(`9:O"080((!-HA"TJ]XT<-'0#_T$<9632:!0LL
M_/`#BE14D%4,6'3UP1@:)&3#CCK1$`4(48@A!AK9>("%%1\H21I<?C@I*T`=
MB$%!!NJMMUYH6*R'H&<4U5,#@R?4J,,``%AA`$LM--OL,7$<:.6)&%`00`<F
M!*4#!T'M8`:&?PK*P*"%WE/#!XJ6,2X#C<K0;A;L9E'&"DYD@846`6AQ`11]
MP`''%`^,(#`44,P!P`X[``!`#!`H\<$2'WC'Y*RR7EO`K53JJK&NRF3P@A1T
M=)#.!T#(`04<*^31:+SPMLRRHX(XBH,'UPX`Q11..)%""A?^">BZX^96Z!^'
MHKOHNBX#O2X"'4(P0;YS])%'H%0'_UH&`E<S@'4>*L/0*CSP&$HQQ18+LVNO
M?P$&D1(>\&A#%10@P<X:'2CP10J",JWTWNZZZZ@,,L1P[04CX)VAG^&*NVYN
M(-00:]'I`IWTN%4C(`,$^&IQ<]94`UJUYX'*$`?)%]TC]M@5UP!@!@BF&%A\
M\VT@^P8!@HQ$/1\P$<7=BE.^-[LO+V[%&QU<@`<1B"?^>X<?.EY>[I$##R_0
M>0OZ0P=^=+!YH(!J^/F&&LI`1:NFA#TQZN+-LT`&/DAZHGN5MD`@P0`0`+()
M3KV!!`</.*'NWGH;5\L<-;V@;0!1A$L!N+P70+XU[QX,>@,`*O`_EBFM<I?3
M0O:V][G.@?]/0PP8'1`B9KY8H:])\*!`''[@LNG=AFM<6X$,9>"!#ISK#770
MGA-6L#RDO6ME6F-:X)90O!'(9@8JV&$%?^<A';C#%.E0%`%_5SVF24$+1.0@
M]SSX0<NA(!_E.]T)Q5.>'%2`A4O['@*Z9SE6+886('@"#[6V/`(6D&H=B@'Q
M.""+/<AA``J``@'Z,`4(..$'MVE9;IRXF#4``0!4P(W?EA;$RC'`:2.)P1>N
M]KT/>JY#<7!+^9@RQO',0P$MF&/EO-<][\G`"D]LE0FT@`+_U9&`,J">H&2P
M@3>T10L&H4$.,%$!&!#GF$]X`@16``9"/1&*-J`"$"E9.3S^P`3_2]"")J?F
M2?`I3G1?&B4I2QF>4SX`;]5<I2NMX!W]=2`&.[QE`2N)QRP`H!<?P):M-G`9
M9,!@13")%@JDT``T/!$>:R`1"QQ%14MB[@,FB,$4IK;&#?DL;T$;'6D,-4YR
MT@4>"N@?/:OIS5<N)B!`*-X3G,"W*0+M:B\TD0)\"=%+J*0E<5B13ET2!X(:
M-(QKN$`,4)`B%,1A"DB%@PJ2N,.4K>!R)EB#%MSPA3QTLVI*DP$,%L,4L'FT
M+@$)*3K3N44$I*!>'HA8/#K`!`X8``LR+,-"Y^H^""1S"GWH@_Q&,`=,+:`M
M$]"!,*BR(F/\,UH]+:@]$'H)9L`N!AM0_YAD)>L&*$#`!S/2%[^F\(7.^FNI
M.9.A:%>0A1#DHZMP^:I=ZG;.='HS!7/@0`X:0`%?7&0>]*`!`5H0AV2>Z+('
M>($5I+.`XA87'#%*`\0X<`$"%+,JA:6*,9-!T"`LU@]KN)@22N`!#]#!&SD(
M;PX6@),MT&`!/CC`&`*B`=20*@H%&``-B+*P&`#`!O;%5`G.%<;RF%"U_T`@
M`?Q'U@3D(05NT($&Z``R5RVF`T&(`0'BP*M>P2`#;3NN-LC@!2^<B@)54&X-
M-!`59)B819]`!G&,Z5/'$0T?J%B(=[LAWO&:5R=;$,(!?""'0\A!!U'0@!SD
M`-\"Y,`#=U""*O^L4((<8`I),WK'.WP!8+D$@`D@4,`(^M!9S_KK"P\@P`[&
M(`8AW($B#O[#$H`P`9,H$S0^:,9PR4N#FY`W-7+8`XC38!$Q`,``.T6Q/X\Y
MT`98]W&'T,`"DD.[;J0A#>$EPQ8F+80%4.``6(B".B90#6M$@084H$\SZ!",
M.]C@8C[8KSS`1N4J^R,@>]#!>;>`&C$$X01!R+4)PB#,#<2!(D0KWYI%(H8*
MH``T,'B!$MKP#<<8USIRT,($TD!;=13@SP#]YXH.1.@?-$`.+C87&M)``1C9
M@"R0UK!.R+"`-+R@"F2H09BN8(T+4,`*=N"$$BA`AC30@=2VJH(2@`#_!*9,
M.0"N]@<\]J"!4-7Y5&Q@PPG&@`906Z$"6``#'4P'08@QP01<BK,=2K`C\A8W
M!VD@[P"&LH,Y3($%;4!"!Z(P06.NN"HVKQ*"6-``$,0%H6-XM'2\8=R<A(K=
M9"@!W)QB`H8O`-_'H4/*TT"6!;0B#:D^J<'_FW!^5,-40+J&.";>J0UP"089
M]\"JP\8$6]A`V=OU`+ISH`#R@J,`.GB`'FS3H>&-*`,0F-1EDVE4@3[!5^UK
M@`Y>[8<ZL+L;-`ZOW=>-$U`?H`1MQ\73[Y#DMJ6\W?P^U0G2<'DI<[WKY&G.
M"0HP:=34V@@%2(,'7D`E3&L<'X8R!3J8(`:&_]R!Y&V@`*3'>UQD6767'I"Y
M"NWX*!:LH*XG"@W/0>"/I7Q`#$(G"S>&;]SN\^4%8_@X#3SPD#M8@4?%)7<:
M6/'A*ACB$`A'/4#N4@`Z;)<AW&4([;'0`(+V'PP>`#:F,P]M-P$VT!>!`1&<
M!Q%7H00#1D<=@@,;8`LQ\`.`<X$8B(&"``88@`-2(`<*9PIC$"`O<!5WH("<
MEX(I6(('0`%:@!Z8EBEP=X(FR%W=]0(-\'[Q)W\*YP>]5P5`&(1`V'\84(08
M`"E%:`.I-8#Y="[HU0!0&(52V`!8L%!9@`$;J'&T4`%9D(6"@(59"(8;V`!B
M$(*'T`;])P5J*(7\-_^%4,@5`>(#:0B%;?B&0AB$:?4'.\B#_'`/0'`&&A`$
M;!`$$L(&8G<-KM`*8G`%[_!BBU$#[J`%B!@ADXB(\%5DV%$`>_`E<I`:EU@J
MGIB)8%<`K;"'`U@'80%VK7`-$M**K7@":%")^X&(;+`?$;<?@G@%?<B'3M)5
M3/%$SO-S8<-1OE@>\F`*D#@R;<<$)S4/Q.B+S=B,I]>#Q5B-UFB-O*A:UUB,
MCBA.Q;A1)W5#O,`@T;B-K](+T5@7V[B.[(B-V2@KOMB'U=B->SA__P4/K=(+
MON1@C6@7O8".XO2.Z_B.\%B-7$5*`UB/(0@/`'DHI3,9(O&/S]A5!VE"'<4;
=AP-)D"C4CH_35>K(CN#(<1QID><C?QF)>H$``#L_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
