Audley Capital Urges Shareholders to Take No Action on Walter Energy's Proxy Materials

Audley Capital Advisors LLP today urged stockholders of Walter Energy

not to take any action in response to the Company's proxy materials for the Annual Meeting of Stockholders on April 25, 2013. In addition, Audley Capital urges stockholders not to sign or return any WHITE proxy card that they may receive with the Company's proxy materials. Audley Capital will soon be sending stockholders a definitive proxy statement and a GOLD proxy card. Julian Treger, Managing Partner of Audley Capital, said, “We are working to benefit all Walter Energy stockholders and firmly maintain that our Board nominees