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Alliance Holdings GP, L.P. Increases Quarterly Distribution by 3.0% to $0.4275 Per Unit and Reports Increased Second Quarter 2009 Financial Results.

Publication: Business Wire
Publication Date: 28-JUL-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Alliance Holdings GP, L.P. Increases Quarterly Distribution by 3.0% to $0.4275 Per Unit and Reports Increased Second Quarter 2009 Financial Results.(Financial report)

Article Excerpt
TULSA, Okla. -- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner (the "Board") declared a quarterly cash distribution for the quarter ended June 30, 2009 (the "2009 Quarter") of $0.4275 per unit, or an annualized rate of $1.71 per unit, which will be paid on August 19, 2009, to AHGP's unitholders of record as of the close of trading on August 12, 2009.

The announced distribution represents a 21.3% increase over the $0.3525 per unit distribution (an annualized rate of $1.41 per unit) for the quarter ended June 30, 2008 (the "2008 Quarter") and an increase of 3.0% over the first quarter 2009 distribution of $0.415 per unit (an annualized rate of $1.66 per unit).

The declared distribution is based on the distribution AHGP will receive from its ownership interests in Alliance Resource Partners, L.P. (NASDAQ: ARLP). ARLP today announced a quarterly distribution for the 2009 Quarter of $0.745 per unit, or $2.98 per unit on an annualized basis, payable on August 14, 2009 to all unitholders of record as of the close of trading on August 7, 2009. (See ARLP Press Release dated July 28, 2009.)

AHGP also reported net...

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