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DANIEL K NEWELL <br />1755 RetoK Dnive <br />P.O. Bar 773437 <br />S[tamboat Springy, CO 80477 <br />(970) 879-7310 <br />July 31, 1995 <br />.~ <br />Board of Directors <br />Kerr Coal Company <br />Denver Place Plaza Tower, Suite 2260 <br />1099 Eighteenth Street <br />Denver, Colorado 80202 <br />Dear Sirs: <br />1099 Eigh[tsn[h Stnu <br />Suitt /2160 <br />Denvtr, CO 80102 <br />(303)1951810 <br />This shall serve as notice of my resignation as an officer and director, effective July 31, <br />1995, of Kerr Coal Company. <br />Very truly yours, <br />Daniei K. Newell <br />OXN/M <br /> <br />