SUBSCRIBER NOTE: Platts to publish front-month, front-quarter coal averages

Platts will publish a daily average of the front-month and front-quarter price assessments for each of the five over-the-counter coal products it currently assesses in the OTC Broker Index table in Platts Coal Trader. For example, on March 5, Platts would publish the average of the April daily assessments published from February 26 through March 5. On the same date, Platts would publish the average of the front-quarter (which will be the third calendar quarter) daily assessments published from February 26 to March 5. The daily front-month and front-quarter averages will show the direction of the underlying prices through the course of the referenced period, providing market participants with more visibility as to the direction of the final monthly settle for both terms. Please address questions or comments to coal@platts.com and pricegroup@platts.com.