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0; -22-199 - 3 09:12Ri FROE ERBODY WESTERN <br />ATTEST: <br />Melvin Staatj, Secretary <br />TO [ 913039868147 P.02 <br />v <br />EXTENSION OF MINING LEASE <br />THIS EXTENSIONiis made and entered into on this /9 day of tthrrtar y , 1992, <br />by and be een SAN MIG UEL POWER ASSOCIATION, INC., a Colorado corporation <br />("L�f') PEABODY COAL COMPANY, a Delaware corporation ( "Lessee"). <br />RECITALS <br />1. Lessor is the original Lessor under a Mining Lease dated May 21, 1956, between <br />Lessor and Iidna Cost Company as Lessee, which Mining Lease has been amended from tthie to <br />time, the last endmeat being dated May 12, 1977 ("Lease"). <br />2. is the currant Lessee under the Lease, by assignment »t to its terms. <br />patties wish io extend the tear of the Lease. <br />AGREEMENT <br />1. The parties wishi to extend the teen of the Lease for an additional period of one year <br />from the cw rent ending date of the term, April 30, 1992. Therefore, the parries agree that <br />paragraph 4 of the said Lease shall be amended to reflect the date of April 30, 1993 as the <br />end of the tam thereof <br />2. In all other respebs, the Lease as it exists on the date hereof shall remain in full' force <br />and effect. <br />IN VVjtFNESS WHOF, the parties have signed this Extension of Mining Lease on the <br />date first aboye written. <br />LESSOR: SAN MIGUEL POWER ASSOCIATION, INC. <br />