Natural Resource Partners L.P. Acquires Metallurgical Coal Reserves from Bluestone Coal


HOUSTON, Dec. 17 / -- Natural Resource Partners L.P. (NYSE:NRP) today announced that it has acquired approximately 17.5 million tons of high quality low-vol metallurgical coal reserves in Wyoming and McDowell Counties in West Virginia for total consideration of $27.2 million. NRP borrowed $16 million under its credit facility and funded the remaining consideration of $11.2 million from cash. The reserves were acquired, effective December 1, from National Resources, Inc., a subsidiary of Bluestone Coal Corporation and will generate coal royalty revenues of approximately $750 thousand in the fourth quarter 2007.

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.

Further information about NRP is available on the partnership's website at http://www.nrplp.com/.

FCMN Contact: khager@nrplp.com

Source: Natural Resource Partners L.P.

CONTACT:
Kathy H. Roberts of Natural Resource Partners L.P.
+1-713-751-7555
kroberts@nrplp.com

Web site: http://www.nrplp.com/

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