----

| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|------------------------------------------------------------------------------------------|

| Delaware                                                      |   | 20-2641185                          |
|---------------------------------------------------------------|--------|-------------------------------------|
| (State or Other Jurisdiction ofIncorporation or Organization) |   | (I.R.S. EmployerIdentification No.) |

| 300 Corporate Centre DriveScott Depot, West Virginia |   | 25560      |
|------------------------------------------------------|--------|------------|
| (Address of Principal Executive Offices)             |   | (Zip Code) |

----

|          |   |                                                                                        |   | Page   |
|---------------|--------|---------------------------------------------------------------------------------------------|--------|--------|
|          |   | PART I—FINANCIAL INFORMATION                                                          |   |   |
| Item 1.  |   | Condensed Consolidated Financial Statements                                                 |   | 3      |
| Item 2.  |   | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   | 24     |
| Item 3.  |   | Quantitative and Qualitative Disclosures About Market Risk                                  |   | 41     |
| Item 4.  |   | Controls and Procedures                                                                     |   | 41     |
|          |   | PART II—OTHER INFORMATION                                                             |   |   |
| Item 1.  |   | Legal Proceedings                                                                           |   | 42     |
| Item 1A. |   | Risk Factors                                                                                |   | 42     |
| Item 2.       |   | Unregistered Sales of Equity Securities and Use of Proceeds                                 |   | 47     |
| Item 6.  |   | Exhibits                                                                                    |   | 48     |

----

| Item 1. | Condensed Consolidated Financial Statements |
|--------------|---------------------------------------------|

|                                                                                                                                                                                                                                                                   |    | June 30,2010 |                |   | December 31, 2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------------|---------------------|--------|-----------------------------|--------|
| ASSETS                                                                                                                                                                                                                                                                 |    |         |                |   |                        |   |
| CURRENT ASSETS:                                                                                                                                                                                                                                                        |    |         |                |   |                        |   |   |   |
| Cash and cash equivalents                                                                                                                                                                                                                                              |    | $            | 205,310             |   |                        | $      | 92,641 |   |
| Accounts receivable, net of allowances of $143 and $222                                                                                                                                                                                                                |    |         | 92,259              |   |                        |   | 80,291 |   |
| Inventories, net                                                                                                                                                                                                                                                       |    |         | 73,341              |   |                        |   | 82,037 |   |
| Deferred income taxes                                                                                                                                                                                                                                                  |    |         | 15,548              |   |                        |   | 15,906 |   |
| Prepaid insurance                                                                                                                                                                                                                                                      |    |         | 6,155               |   |                        |   | 6,351 |   |
| Income taxes receivable                                                                                                                                                                                                                                                |    |         | 13                  |   |                        |   | 1,423 |   |
| Prepaid expenses and other                                                                                                                                                                                                                                             |    |         | 9,662               |   |                        |   | 9,960 |   |
| Total current assets                                                                                                                                                                                                                                                   |    |         | 402,288             |   |                        |   | 288,609 |   |
|                                                                                                                                                                                                                                                                   |         |         |                |   |                        |   |   |   |
| PROPERTY, PLANT, EQUIPMENT AND MINE DEVELOPMENT, net                                                                                                                                                                                                                   |    |         | 1,022,984           |   |                        |   | 1,038,200 |   |
| DEBT ISSUANCE COSTS, net                                                                                                                                                                                                                                               |    |         | 13,371              |   |                        |   | 7,634 |   |
| ADVANCE ROYALTIES, net                                                                                                                                                                                                                                                 |    |         | 17,046              |   |                        |   | 18,025 |   |
| OTHER NON-CURRENT ASSETS                                                                                                                                                                                                                                               |    |         | 8,842               |   |                        |   | 15,492 |   |
| Total assets                                                                                                                                                                                                                                                           |    | $            | 1,464,531           |   |                        | $      | 1,367,960 |   |
|                                                                                                                                                                                                                                                                   |    |         |                |   |                        |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                                                             |    |         |                |   |                        |   |   |   |
| CURRENT LIABILITIES:                                                                                                                                                                                                                                                   |    |         |                |   |                        |   |   |   |
| Accounts payable                                                                                                                                                                                                                                                       |    | $            | 58,533              |   |                        | $      | 63,582 |   |
| Short-term debt                                                                                                                                                                                                                                                        |         |         | 2,334               |   |                        |   | 2,166 |   |
| Current portion of long-term debt and capital lease                                                                                                                                                                                                                    |    |         | 24,947              |   |                        |   | 17,794 |   |
| Current portion of reclamation and mine closure costs                                                                                                                                                                                                                  |    |         | 9,376               |   |                        |   | 9,390 |   |
| Current portion of employee benefits                                                                                                                                                                                                                                   |    |         | 4,043               |   |                        |   | 3,973 |   |
| Accrued expenses and other                                                                                                                                                                                                                                             |    |         | 69,455              |   |                        |   | 74,803 |   |
| Total current liabilities                                                                                                                                                                                                                                              |    |         | 168,688             |   |                        |   | 171,708 |   |
|                                                                                                                                                                                                                                                                   |         |         |                |   |                        |   |   |   |
| LONG-TERM DEBT AND CAPITAL LEASE                                                                                                                                                                                                                                       |    |         | 337,969             |   |                        |   | 366,515 |   |
| RECLAMATION AND MINE CLOSURE COSTS                                                                                                                                                                                                                                     |    |         | 66,651              |   |                        |   | 65,601 |   |
| EMPLOYEE BENEFITS                                                                                                                                                                                                                                                      |    |         | 76,330              |   |                        |   | 63,767 |   |
| DEFERRED INCOME TAXES                                                                                                                                                                                                                                                  |    |         | 56,382              |   |                        |   | 57,399 |   |
| BELOW-MARKET COAL SUPPLY AGREEMENTS                                                                                                                                                                                                                                    |    |         | 28,398              |   |                        |   | 29,939 |   |
| OTHER NON-CURRENT LIABILITIES                                                                                                                                                                                                                                          |    |         | 3,158               |   |                        |   | 3,797 |   |
| Total liabilities                                                                                                                                                                                                                                                      |    |         | 737,576             |   |                        |   | 758,726 |   |
|                                                                                                                                                                                                                                                                   |         |         |                |   |                        |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                                                                                                                                          |    |         |                |   |                        |   |    |   |
|                                                                                                                                                                                                                                                                   |         |         |                |   |                        |   |   |   |
| STOCKHOLDERS’ EQUITY:                                                                                                                                                                                                                                            |    |         |                |   |                        |   |   |   |
| Preferred stock–par value $0.01, 200,000,000 shares authorized, none issued                                                                                                                                                                                      |    |         | —   |   |                        |   | —   |   |
| Common stock–par value $0.01, 2,000,000,000 shares authorized, 203,808,577 and 203,762,385 shares issued and outstanding, respectively, as of June 30, 2010 and 172,820,047 and 172,812,726 shares issued and outstanding, respectively, as of December 31, 2009 |    |         | 2,038               |   |                        |   | 1,728 |   |
| Treasury stock                                                                                                                                                                                                                                                         |         |         | (216                | )      |                        |   | (14 | ) |
| Additional paid-in capital                                                                                                                                                                                                                                             |    |         | 857,925             |   |                        |   | 732,124 |   |
| Accumulated other comprehensive income (loss)                                                                                                                                                                                                                          |    |         | (2,770              | )      |                        |   | 1,048 |   |
| Retained deficit                                                                                                                                                                                                                                                       |    |         | (130,083            | )      |                        |   | (125,713 | ) |
| Total International Coal Group, Inc. stockholders’ equity                                                                                                                                                                                                        |    |         | 726,894             |   |                        |   | 609,173 |   |
| Noncontrolling interest                                                                                                                                                                                                                                                |         |         | 61                  |   |                        |   | 61 |   |
| Total stockholders’ equity                                                                                                                                                                                                                                       |         |         | 726,955             |   |                        |   | 609,234 |   |
| Total liabilities and stockholders’ equity                                                                                                                                                                                                                       |    | $            | 1,464,531           |   |                        | $      | 1,367,960 |   |

----

|                                                             |   | Three months endedJune 30, |                |   | Six months endedJune 30, |   |
|------------------------------------------------------------------|--------|----------------------------|---------------------|--------|--------------------------|--------|
|                                                             |   | 2010                       |                |   | 2009                     |   |   | 2010 |   |   | 2009 |   |
| REVENUES:                                                        |   |                       |                |   |                     |   |   |   |    |   |   |   |   |   |   |   |
| Coal sales revenues                                              |   | $                          | 270,714             |   |                     | $      | 254,677 |   |    | $ | 541,204 |   |   | $ | 528,493 |   |
| Freight and handling revenues                                    |   |                       | 9,006               |   |                     |   | 6,041 |   |    |   | 18,383 |   |   |   | 14,675 |   |
| Other revenues                                                   |   |                       | 20,720              |   |                     |   | 17,079 |   |    |   | 29,447 |   |   |   | 39,595 |   |
| Total revenues                                                   |   |                       | 300,440             |   |                     |   | 277,797 |   |    |   | 589,034 |   |   |   | 582,763 |   |
| COSTS AND EXPENSES:                                              |   |                       |                |   |                     |   |   |   |    |   |   |   |   |   |   |   |
| Cost of coal sales                                               |   |                       | 211,927             |   |                     |   | 207,324 |   |    |   | 431,992 |   |   |   | 439,289 |   |
| Freight and handling costs                                       |   |                       | 9,006               |   |                     |   | 6,041 |   |    |   | 18,383 |   |   |   | 14,675 |   |
| Cost of other revenues                                           |   |                       | 26,400              |   |                     |   | 6,630 |   |    |   | 33,581 |   |   |   | 15,966 |   |
| Depreciation, depletion and amortization                         |   |                       | 26,135              |   |                     |   | 26,035 |   |    |   | 52,532 |   |   |   | 52,298 |   |
| Selling, general and administrative                              |   |                       | 8,335               |   |                     |   | 8,670 |   |    |   | 16,920 |   |   |   | 19,281 |   |
| Gain on sale of assets, net                                      |   |                       | (34                 | )      |                     |   | (3,108 | ) |    |   | (3,515 | ) |   |   | (3,186 | ) |
| Total costs and expenses                                         |   |                       | 281,769             |   |                     |   | 251,592 |   |    |   | 549,893 |   |   |   | 538,323 |   |
| Income from operations                                      |   |                       | 18,671              |   |                     |   | 26,205 |   |    |   | 39,141 |   |   |   | 44,440 |   |
| INTEREST AND OTHER INCOME (EXPENSE):                             |   |                       |                |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss on extinguishment of debt                                   |   |                       | (6,098              | )      |                     |   | —   |   |   |   | (28,085 | ) |   |   | —   |   |
| Interest expense, net                                            |   |                       | (10,015             | )      |                     |   | (13,214 | ) |    |   | (23,315 | ) |   |   | (26,232 | ) |
| Total interest and other income (expense)                        |   |                       | (16,113             | )      |                     |   | (13,214 | ) |   |   | (51,400 | ) |   |   | (26,232 | ) |
| Income (loss) before income taxes                           |   |                       | 2,558               |   |                     |   | 12,991 |   |    |   | (12,259 | ) |   |   | 18,208 |   |
| INCOME TAX (EXPENSE) BENEFIT                                     |   |                       | 1,924               |   |                     |   | (2,613 | ) |    |   | 7,889 |   |   |   | (4,108 | ) |
| Net income (loss)                                                |   |                       | 4,482               |   |                     |   | 10,378 |   |   |   | (4,370 | ) |   |   | 14,100 |   |
| Net (income) loss attributable to noncontrolling interest        |   |                       | —   |   |                     |   | 4 |   |    |   | —   |   |   |   | (25 | ) |
| Net income (loss) attributable to International Coal Group, Inc. |   | $                          | 4,482               |   |                     | $      | 10,382 |   |    | $ | (4,370 | ) |   | $ | 14,075 |   |
|                                                             |   |                       |                |   |                     |   |   |   |    |   |   |   |   |   |   |   |
| Earnings per share:                                              |   |                       |                |   |                     |   |   |   |    |   |   |   |   |   |   |   |
| Basic                                                            |   | $                          | 0.02                |   |                     | $      | 0.07 |   |    | $ | (0.02 | ) |   | $ | 0.09 |   |
| Diluted                                                          |   | $                          | 0.02                |   |                     | $      | 0.07 |   |    | $ | (0.02 | ) |   | $ | 0.09 |   |
| Weighted-average common shares outstanding:                      |   |                       |                |   |                     |   |   |   |    |   |   |   |   |   |   |   |
| Basic                                                            |   |                       | 202,484,814         |   |                     |   | 152,832,797 |   |    |   | 191,992,083 |   |   |   | 152,803,420 |   |
| Diluted                                                          |   |                       | 203,932,265         |   |                     |   | 154,672,255 |   |    |   | 191,992,083 |   |   |   | 153,983,725 |   |

----

|                                                                                        |         | Six months endedJune 30, |                |
|---------------------------------------------------------------------------------------------|--------------|--------------------------|---------------------|
|                                                                                        |    | 2010                     |                |   | 2009 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                       |    |                     |                |   |   |   |   |   |
| Net income (loss)                                                                           |    | $                        | (4,370              | ) |   | $ | 14,100 |   |
| Adjustments to reconcile net income (loss) to net cash from operating activities:           |    |                     |                |   |   |   |   |   |
| Depreciation, depletion and amortization                                                    |    |                     | 52,532              |   |   |   | 52,298 |   |
| Loss on extinguishment of debt                                                              |         |                     | 28,085              |   |   |   | —   |   |
| Amortization and write-off of deferred finance costs and debt discount                      |    |                     | 4,753               |   |   |   | 3,378 |   |
| Amortization of accumulated employee benefit obligations                                    |    |                     | 206                 |   |   |   | (52 | ) |
| Compensation expense on share based awards                                                  |    |                     | 1,756               |   |   |   | 2,233 |   |
| Gain on sale of assets, net                                                                 |    |                     | (3,515              | ) |   |   | (3,186 | ) |
| Provision for bad debt                                                                      |    |                     | (79                 | ) |   |   | (110 | ) |
| Deferred income taxes                                                                       |    |                     | (11,051             | ) |   |   | 3,632 |   |
| Changes in Assets and Liabilities:                                                          |    |                     |                |   |   |   |   |   |
| Accounts receivable                                                                         |    |                     | (11,889             | ) |   |   | (9,308 | ) |
| Inventories                                                                                 |    |                     | 8,676               |   |   |   | (22,812 | ) |
| Prepaid expenses and other                                                                  |    |                     | 1,904               |   |   |   | 16,663 |   |
| Other non-current assets                                                                    |    |                     | (1,235              | ) |   |   | (630 | ) |
| Accounts payable                                                                            |    |                     | 3,278               |   |   |   | (10,784 | ) |
| Accrued expenses and other                                                                  |    |                     | (5,228              | ) |   |   | (5,058 | ) |
| Reclamation and mine closure costs                                                          |    |                     | 191                 |   |   |   | 176 |   |
| Other liabilities                                                                           |    |                     | 5,672               |   |   |   | (1,438 | ) |
| Net cash from operating activities                                                          |    |                     | 69,686              |   |   |   | 39,102 |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                       |    |                     |                |   |   |   |   |   |
| Proceeds from the sale of assets                                                            |    |                     | 3,785               |   |   |   | 3,066 |   |
| Additions to property, plant, equipment and mine development                                |    |                     | (41,190             | ) |   |   | (35,750 | ) |
| Withdrawals (deposits) of restricted cash                                                   |    |                     | 8,792               |   |   |   | (163 | ) |
| Net cash from investing activities                                                          |    |                     | (28,613             | ) |   |   | (32,847 | ) |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                       |    |                     |                |   |   |   |   |   |
| Borrowings on short-term debt                                                               |         |                     | 2,388               |   |   |   | —   |   |
| Repayments on short-term debt                                                               |    |                     | (2,220              | ) |   |   | (3,578 | ) |
| Borrowings on long-term debt                                                                |    |                     | —   |   |   |   | 9,086 |   |
| Repayments on long-term debt and capital lease                                              |    |                     | (9,435              | ) |   |   | (8,755 | ) |
| Proceeds from convertible notes offering                                                    |         |                     | 115,000             |   |   |   | —   |   |
| Proceeds from senior notes offering                                                         |         |                     | 198,596             |   |   |   | —   |   |
| Proceeds from common stock offering                                                         |         |                     | 102,453             |   |   |   | —   |   |
| Repurchases of senior notes                                                                 |         |                     | (182,777            | ) |   |   | —   |   |
| Repurchases of convertible notes                                                            |         |                     | (137,342            | ) |   |   | —   |   |
| Purchases of treasury stock                                                                 |         |                     | (202                | ) |   |   | (14 | ) |
| Proceeds from stock options exercised                                                       |         |                     | 10                  |   |   |   | —   |   |
| Debt issuance costs                                                                         |    |                     | (14,875             | ) |   |   | (609 | ) |
| Net cash from financing activities                                                          |    |                     | 71,596              |   |   |   | (3,870 | ) |
| NET CHANGE IN CASH AND CASH EQUIVALENTS                                                     |    |                     | 112,669             |   |   |   | 2,385 |   |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                              |    |                     | 92,641              |   |   |   | 63,930 |   |
| CASH AND CASH EQUIVALENTS, END OF PERIOD                                                    |    | $                        | 205,310             |   |   | $ | 66,315 |   |
|                                                                                        |    |                     |                |   |   |   |   |   |
| Supplemental information:                                                                   |    |                     |                |   |   |   |   |   |
| Cash paid for interest (net of amount capitalized)                                          |    | $                        | 25,221              |   |   | $ | 22,402 |   |
| Cash received for income taxes                                                              |    | $                        | 531                 |   |   | $ | 7,588 |   |
|                                                                                        |    |                     |                |   |   |   |   |   |
| Supplemental disclosure of non-cash items:                                                  |    |                     |                |   |   |   |   |   |
| Issuance of common stock in exchange for convertible notes                                  |         | $                        | 25,712              |   |   | $ | —   |   |
| Purchases of property, plant, equipment and mine development through accounts payable       |    | $                        | 9,089               |   |   | $ | 3,794 |   |
| Purchases of property, plant, equipment and mine development through financing arrangements |    | $                        | 5,447               |   |   | $ | 6,900 |   |

----

----

|                                              |         | June 30,2010 |   |   | December 31,2009 |   |
|---------------------------------------------------|--------------|--------------|--------|--------|-----------------------|--------|
| Coal                                              |    | $            | 41,176 |   |                  | $      | 49,120 |   |
| Parts and supplies                                |    |         | 34,553 |   |                  |   | 35,065 |   |
| Reserve for obsolescence–parts and supplies |    |         | (2,388 | )      |                  |   | (2,148 | ) |
| Inventories, net                                  |    | $            | 73,341 |   |                  | $      | 82,037 |   |

----

|                                                      |         | June 30,2010 |      |   | December 31,2009 |   |
|-----------------------------------------------------------|--------------|--------------|-----------|--------|-----------------------|--------|
| Plant and equipment                                       |    | $            | 629,673   |   |                  | $      | 620,451 |   |
| Coal lands and mineral rights                             |    |         | 586,842   |   |                  |   | 586,706 |   |
| Mine development                                          |    |         | 208,598   |   |                  |   | 195,756 |   |
| Land and land improvements                                |    |         | 26,420    |   |                  |   | 26,351 |   |
| Coalbed methane well development costs                    |    |         | 14,697    |   |                  |   | 14,889 |   |
|                                                      |    |         | 1,466,230 |   |                  |   | 1,444,153 |   |
| Less accumulated depreciation, depletion and amortization |    |         | (443,246  | )      |                  |   | (405,953 | ) |
| Property, plant, equipment and mine development, net      |    | $            | 1,022,984 |   |                  | $      | 1,038,200 |   |

|                                                                                                   |   | June 30,2010 |    |   | December 31,2009 |   |
|--------------------------------------------------------------------------------------------------------|--------|--------------|---------|--------|------------------|--------|
| 9.125% Senior Notes, due 2018, net of debt discount of $1,370                                          |   | $            | 198,630 |   |             | $      | —   |   |
| 4.00% Convertible Senior Notes, due 2017, net of debt discount of $33,685                              |   |         | 81,315  |   |             |   | —   |   |
| 9.00% Convertible Senior Notes, due 2012, net of debt discount of $1,216 and $9,480, respectively |   |         | 23,796  |   |             |   | 152,022 |   |
| 10.25% Senior Notes, due 2014                                                                          |   |         | 5,876   |   |             |   | 175,000 |   |
| Equipment notes                                                                                        |   |         | 51,411  |   |             |   | 54,417 |   |
| Capital lease and other                                                                                |   |         | 1,888   |   |             |   | 2,870 |   |
| Total                                                                                                  |   |         | 362,916 |   |             |   | 384,309 |   |
| Less current portion                                                                                   |   |         | (24,947 | )      |             |   | (17,794 | ) |
| Long-term debt and capital lease                                                                       |   | $            | 337,969 |   |             | $      | 366,515 |   |

----

----

----

----

----

----

|                                                   |    | June 30,2010 |                |   | June 30,2009 |    |
|--------------------------------------------------------|--------------|--------------|---------------------|--------|--------------|---------|
| Changes in Benefit Obligations:                        |    |         |                |   |         |    |   |   |
| Accumulated benefit obligations at beginning of period |    | $            | 30,048              |   |         | $       | 27,974 |   |
| Plan change–prior service cost                   |         |         | 13,009              |   |         |    | —   |   |
| Service cost                                           |    |         | 1,753               |   |         |    | 1,668 |   |
| Interest cost                                          |    |         | 973                 |   |         |    | 874 |   |
| Actuarial gain                                         |    |         | (6,686              | )      |         |    | —   |   |
| Benefits paid                                          |    |         | (36                 | )      |         |    | (7 | ) |
| Accumulated benefit obligation at end of period        |    |         | 39,061              |   |         |    | 30,509 |   |
| Fair value of plan assets at end of period             |    |         | —   |   |         |    | —   |   |
| Net liability recognized                               |    | $       | 39,061              |   |         | $  | 30,509 |   |

|                                                  |   | Three months endedJune 30, |   |          | Six months endedJune 30, |   |
|-------------------------------------------------------|--------|---------------------------------|--------|---------------|-------------------------------|--------|
|                                                  |   | 2010                            |   |          | 2009                          |   |   | 2010 |   |   | 2009 |   |
| Balance at beginning of period                        |   | $                               | 5,246  |          |                          | $      | 8,475 |   |   | $ | 5,274 |   |   | $ | 8,548 |   |
| Plan change–prior service cost                  |   |                            | 13,009 |          |                          |   | — |   |   |   | 13,009 |   |   |   | — |   |
| Actuarial gain                                        |   |                            | (6,686 | )   |                          |   | — |   |   |   | (6,686 | )   |   |   | — |   |
| Amortization of actuarial loss and prior service cost |   |                            | (250   | )             |                          |   | (71 | ) |   |   | (278 | ) |   |   | (144 | ) |
| Balance at end of period                              |   | $                               | 11,319 |          |                          | $      | 8,404 |   |   | $ | 11,319 |   |   | $ | 8,404 |   |

|                                                  |   | Three months endedJune 30, |   |   | Six months endedJune 30, |   |
|-------------------------------------------------------|--------|---------------------------------|--------|--------|-------------------------------|--------|
|                                                  |   | 2010                            |   |   | 2009                          |   |   | 2010 |   |   | 2009 |   |
| Net periodic benefit cost:                            |   |                            |   |   |                          |   |   |   |   |   |   |   |
| Service cost                                          |   | $                               | 922    |   |                          | $      | 834 |   |   | $ | 1,753 |   |   | $ | 1,668 |   |
| Interest cost                                         |   |                            | 541    |   |                          |   | 438 |   |   |   | 973 |   |   |   | 874 |   |
| Amortization of actuarial loss and prior service cost |   |                            | 250    |   |                          |   | 71 |   |   |   | 278 |   |   |   | 144 |   |
| Benefit cost                                          |   | $                               | 1,713  |   |                          | $      | 1,343 |   |   | $ | 3,004 |   |   | $ | 2,686 |   |

----

| 2010 (remainder of year) |   |   | $      | 250    |   |
|--------------------------|--------|--------|--------|--------|--------|
| 2011                     |   |   |   | 825    |   |
| 2012                     |   |   |   | 1,279  |   |
| 2013                     |   |   |   | 1,694  |   |
| 2014                     |   |   |   | 1,989  |   |
| 2015 – 2019        |   |   |   | 15,619 |   |
| Total                    |   |   | $      | 21,656 |   |

----

|                           |   | Three months endedJune 30, |   |          | Six months endedJune 30, |   |
|--------------------------------|--------|---------------------------------|--------|---------------|-------------------------------|--------|
|                           |   | 2010                            |   |          | 2009                          |   |   | 2010 |   |   | 2009 |   |
| Net periodic benefit cost:     |   |                            |   |          |                          |   |   |   |   |   |   |   |
| Service cost                   |   | $                               | 611    |          |                          | $      | 693 |   |   | $ | 1,222 |   |   | $ | 1,386 |   |
| Interest cost                  |   |                            | 389    |          |                          |   | 395 |   |   |   | 778 |   |   |   | 789 |   |
| Amortization of actuarial loss |   |                            | (35    | )   |                          |   | (98 | )   |   |   | (70 | ) |   |   | (196 | )   |
| Benefit cost                   |   | $                               | 965    |          |                          | $      | 990 |   |   | $ | 1,930 |   |   | $ | 1,979 |   |

|                                                                                                                                                                                                                          |   | Three months endedJune 30, |   |    | Six months endedJune 30, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------|--------|---------|------------------------------------|--------|
|                                                                                                                                                                                                                          |   | 2010                            |   |    | 2009                               |   |   | 2010 |   |   | 2009 |   |
| Net income (loss) attributable to International Coal Group, Inc.                                                                                                                                                              |   | $                               | 4,482  |    |                               | $      | 10,382 |   |   | $ | (4,370 | ) |   | $ | 14,075 |   |
| Postretirement benefit obligation adjustments, net of tax of $2,397 for the six months ended June 30, 2010                                                                                                                    |   |                            | (3,926 | )  |                               |   | — |   |   |   | (3,926 | )  |   |   | — |   |
| Amortization of postretirement benefit obligation, net of tax of $105 and $29 for the three months ended June 30, 2010 and 2009, respectively, and $126 and $58 for the six months ended June 30, 2010 and 2009, respectively |   |                            | 145    |    |                               |   | 42 |   |   |   | 152 |   |   |   | 86 |   |
| Amortization of black lung obligation, net of tax of $13 and $37 for the three months ended June 30, 2010 and 2009, respectively, and $26 and $74 for the six months ended June 30, 2010 and 2009, respectively               |   |                            | (22    | )       |                               |   | (61 | ) |   |   | (44 | ) |   |   | (122 | ) |
| Comprehensive income (loss)                                                                                                                                                                                                   |   | $                               | 679    |    |                               | $      | 10,363 |   |   | $ | (8,188 | ) |   | $ | 14,039 |   |

----

|                                                             |   | Three months endedJune 30, |        |   | Six months endedJune 30, |   |
|------------------------------------------------------------------|--------|---------------------------------|-------------|--------|------------------------------------|--------|
|                                                             |   | 2010                            |        |   | 2009                               |   |   | 2010 |   |   | 2009 |   |
| Net income (loss) attributable to International Coal Group, Inc. |   | $                               | 4,482       |   |                               | $      | 10,382 |   |   | $ | (4,370 | ) |   | $ | 14,075 |   |
|                                                             |   |                            |        |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Weighted-average common shares outstanding—basic           |   |                            | 202,484,814 |   |                               |   | 152,832,797 |   |   |   | 191,992,083 |   |   |   | 152,803,420 |   |
| Incremental shares arising from:                                 |   |                            |        |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Stock options                                                    |   |                            | 816,567     |   |                               |   | 253,801 |   |   |   | — |   |   |   | 268 |   |
| Restricted shares                                                |   |                            | 424,391     |   |                               |   | 1,392,231 |   |   |   | — |   |   |   | 1,122,381 |   |
| Restricted stock units                                           |   |                            | 206,493     |   |                               |   | 193,426 |   |   |   | — |   |   |   | 57,656 |   |
| Weighted-average common shares outstanding—diluted         |   |                            | 203,932,265 |   |                               |   | 154,672,255 |   |   |   | 191,992,083 |   |   |   | 153,983,725 |   |
|                                                             |   |                            |        |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Earnings Per Share:                                              |   |                            |        |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                            |   | $                               | 0.02        |   |                               | $      | 0.07 |   |   | $ | (0.02 | ) |   | $ | 0.09 |   |
| Diluted                                                          |   | $                               | 0.02        |   |                               | $      | 0.07 |   |   | $ | (0.02 | ) |   | $ | 0.09 |   |

----

|                                     |   | June 30, 2010        |    |   | December 31, 2009 |   |
|------------------------------------------|--------|----------------------|---------|--------|-------------------|--------|
|                                     |   | PrincipalOutstanding |    |   | Fair Value        |   |   | Principal Outstanding |   |   | Fair Value |   |
| 4.00% Convertible Senior Notes, due 2017 |   | $                    | 115,000 |   |              | $      | 103,638 |   |   | $ | — |   |   | $ | — |   |
| 9.125% Senior Notes, due 2018            |   |                 | 200,000 |   |              |   | 200,000 |   |   |   | — |   |   |   | — |   |
| 9.00% Convertible Senior Notes, due 2012 |   |                 | 25,013  |   |              |   | 28,265 |   |   |   | 161,502 |   |   |   | 177,458 |   |
| 10.25% Senior Notes, due 2014            |   |                 | 5,876   |   |              |   | 6,111 |   |   |   | 175,000 |   |   |   | 168,219 |   |

----

----

----

|                                     |   | CentralAppalachian |    |   | NorthernAppalachian |   |    | IllinoisBasin |   |   | Ancillary |   |   | Consolidated |    |
|------------------------------------------|--------|--------------------|---------|--------|---------------------|--------|---------|---------------|--------|--------|-----------|--------|--------|--------------|---------|
| Revenue                                  |   | $                  | 172,605 |   |                | $      | 77,439  |          |   | $      | 23,227    |   |   | $            | 27,169  |   |   | $ | 300,440 |   |
| Adjusted EBITDA                          |   |               | 37,287  |   |                |   | 7,108   |          |   |   | 5,253     |   |   |         | (4,842  | ) |   |   | 44,806 |   |
| Depreciation, depletion and amortization |   |               | 17,873  |   |                |   | 5,437   |          |   |   | 1,520     |   |   |         | 1,305   |   |   |   | 26,135 |   |
| Capital expenditures                     |   |               | 7,594   |   |                |   | 7,714   |          |   |   | 6,056     |   |   |         | 411     |   |   |   | 21,775 |   |
| Total assets                             |   |               | 706,532 |   |                |   | 192,493 |          |   |   | 57,130    |   |   |         | 508,376 |   |   |   | 1,464,531 |   |

|                                     |   | CentralAppalachian |    |   | NorthernAppalachian |   |    | IllinoisBasin |   |   | Ancillary |   |   | Consolidated |    |
|------------------------------------------|--------|--------------------|---------|--------|---------------------|--------|---------|---------------|--------|--------|-----------|--------|--------|--------------|---------|
| Revenue                                  |   | $                  | 187,589 |   |                | $      | 52,279  |          |   | $      | 19,465    |   |   | $            | 18,464  |   |   | $ | 227,797 |   |
| Adjusted EBITDA                          |   |               | 47,166  |   |                |   | 5,301   |          |   |   | 3,762     |   |   |         | (3,989  | )  |   |   | 52,240 |   |
| Depreciation, depletion and amortization |   |               | 17,250  |   |                |   | 5,246   |          |   |   | 1,953     |   |   |         | 1,586   |   |   |   | 26,035 |   |
| Capital expenditures                     |   |               | 4,724   |   |                |   | 5,991   |          |   |   | 4,032     |   |   |         | 1,138   |   |   |   | 15,885 |   |
| Total assets                             |   |               | 743,917 |   |                |   | 180,111 |          |   |   | 46,838    |   |   |         | 373,397 |   |   |   | 1,344,263 |   |

----

|                                     |   | CentralAppalachian |    |   | NorthernAppalachian |   |    | IllinoisBasin |   |   | Ancillary |   |   | Consolidated |    |
|------------------------------------------|--------|--------------------|---------|--------|---------------------|--------|---------|---------------|--------|--------|-----------|--------|--------|--------------|---------|
| Revenue                                  |   | $                  | 357,370 |   |                | $      | 142,806 |          |   | $      | 49,319    |   |   | $            | 39,539  |   |   | $ | 589,034 |   |
| Adjusted EBITDA                          |   |               | 76,723  |   |                |   | 15,054  |          |   |   | 10,000    |   |   |         | (10,104 | ) |   |   | 91,673 |   |
| Depreciation, depletion and amortization |   |               | 35,425  |   |                |   | 10,706  |          |   |   | 4,068     |   |   |         | 2,333   |   |   |   | 52,532 |   |
| Capital expenditures                     |   |               | 17,132  |   |                |   | 11,224  |          |   |   | 9,456     |   |   |         | 537     |   |   |   | 38,349 |   |
| Total assets                             |   |               | 706,532 |   |                |   | 192,493 |          |   |   | 57,130    |   |   |         | 508,376 |   |   |   | 1,464,531 |   |

|                                     |   | CentralAppalachian |    |   | NorthernAppalachian |   |    | IllinoisBasin |   |   | Ancillary |   |   | Consolidated |    |
|------------------------------------------|--------|--------------------|---------|--------|---------------------|--------|---------|---------------|--------|--------|-----------|--------|--------|--------------|---------|
| Revenue                                  |   | $                  | 377,151 |   |                | $      | 118,446 |          |   | $      | 40,471    |   |   | $            | 46,695  |   |   | $ | 582,763 |   |
| Adjusted EBITDA                          |   |               | 76,599  |   |                |   | 15,453  |          |   |   | 6,633     |   |   |         | (1,947  | )  |   |   | 96,738 |   |
| Depreciation, depletion and amortization |   |               | 34,840  |   |                |   | 10,821  |          |   |   | 3,663     |   |   |         | 2,974   |   |   |   | 52,298 |   |
| Capital expenditures                     |   |               | 13,924  |   |                |   | 11,182  |          |   |   | 5,288     |   |   |         | 3,108   |   |   |   | 33,502 |   |
| Total assets                             |   |               | 743,917 |   |                |   | 180,111 |          |   |   | 46,838    |   |   |         | 373,397 |   |   |   | 1,344,263 |   |

|                                                             |   | Three months endedJune 30, |    |   | Six months endedJune 30, |   |
|------------------------------------------------------------------|--------|---------------------------------|---------|--------|------------------------------------|--------|
|                                                             |   | 2010                            |    |   | 2009                               |   |   | 2010 |   |   | 2009 |   |
| Net income (loss) attributable to International Coal Group, Inc. |   | $                               | 4,482   |   |                               | $      | 10,382 |   |   | $ | (4,370 | ) |   | $ | 14,075 |   |
| Depreciation, depletion and amortization                         |   |                            | 26,135  |   |                               |   | 26,035 |   |   |   | 52,532 |   |   |   | 52,298 |   |
| Interest expense, net                                            |   |                            | 10,015  |   |                               |   | 13,214 |   |   |   | 23,315 |   |   |   | 26,232 |   |
| Income tax expense (benefit)                                     |   |                            | (1,924  | )      |                               |   | 2,613 |   |   |   | (7,889 | )   |   |   | 4,108 |   |
| Loss on extinguishment of debt                                   |   |                            | 6,098   |   |                               |   | — |   |   |   | 28,085 |   |   |   | — |   |
| Noncontrolling interest                                          |   |                            | — |   |                               |   | (4 | ) |   |   | — |   |   |   | 25 |   |
| Adjusted EBITDA                                                  |   | $                               | 44,806  |   |                               | $      | 52,240 |   |   | $ | 91,673 |   |   | $ | 96,738 |   |

----

----

|  Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
|--------------------|---------------------------------------------------------------------------------------------|

| • | market demand for coal, electricity and steel;                                                                                                                                                  |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                                            |
| • | availability of qualified workers;                                                                                                                                                              |
|    |                                                                                                                                                                                            |
| • | future economic or capital market conditions;                                                                                                                                                   |
|    |                                                                                                                                                                                            |
| • | weather conditions or catastrophic weather-related damage;                                                                                                                                      |
|    |                                                                                                                                                                                            |
| • | our production capabilities;                                                                                                                                                                    |
|    |                                                                                                                                                                                            |
| • | consummation of financing, acquisition or disposition transactions and the effect thereof on our business;                                                                                      |
|    |                                                                                                                                                                                            |
| • | a significant number of conversions of our convertible senior notes prior to maturity;                                                                                                          |
|    |                                                                                                                                                                                            |
| • | our plans and objectives for future operations and expansion or consolidation;                                                                                                                  |
|    |                                                                                                                                                                                            |
| • | our relationships with, and other conditions affecting, our customers;                                                                                                                          |
|    |                                                                                                                                                                                            |
| • | availability and costs of key supplies or commodities such as diesel fuel, steel, explosives and tires;                                                                                         |
|    |                                                                                                                                                                                            |
| • | availability and costs of capital equipment;                                                                                                                                                    |
|    |                                                                                                                                                                                            |
| • | prices of fuels which compete with or impact coal usage, such as oil and natural gas;                                                                                                           |
|    |                                                                                                                                                                                            |
| • | timing of reductions or increases in customer coal inventories;                                                                                                                                 |
|    |                                                                                                                                                                                            |
| • | long-term coal supply arrangements;                                                                                                                                                             |
|    |                                                                                                                                                                                            |
| • | reductions and/or deferrals of purchases by major customers;                                                                                                                                    |
|    |                                                                                                                                                                                            |
| • | risks in or related to coal mining operations, including risks relating to third-party suppliers and carriers operating at our mines or complexes;                                              |
|    |                                                                                                                                                                                            |
| • | unexpected maintenance and equipment failure;                                                                                                                                                   |
|    |                                                                                                                                                                                            |
| • | adoption by Appalachian states of EPA guidance regarding stringent water quality-based limitations in CWA Section 402 wastewater discharge permits and CWA Section 404 dredge and fill permits; |
|    |                                                                                                                                                                                            |
| • | environmental, safety and other laws and regulations, including those directly affecting our coal mining and production, and those affecting our customers’ coal usage;                   |
|    |                                                                                                                                                                                            |
| • | ability to obtain and maintain all necessary governmental permits and authorizations;                                                                                                           |
|    |                                                                                                                                                                                            |
| • | competition among coal and other energy producers in the United States and internationally;                                                                                                     |
|    |                                                                                                                                                                                            |
| • | railroad, barge, trucking and other transportation availability, performance and costs;                                                                                                         |
|    |                                                                                                                                                                                            |
| • | employee benefits costs and labor relations issues;                                                                                                                                             |
|    |                                                                                                                                                                                            |
| • | replacement of our reserves;                                                                                                                                                                    |
|    |                                                                                                                                                                                            |
| • | our assumptions concerning economically recoverable coal reserve estimates;                                                                                                                     |
|    |                                                                                                                                                                                            |
| • | availability and costs of credit, surety bonds and letters of credit;                                                                                                                           |
|    |                                                                                                                                                                                            |

----

| • | title defects or loss of leasehold interests in our properties which could result in unanticipated costs or inability to mine these properties;                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                                                                                                             |
| • | the impact of the mine explosion at a competitor’s mine on federal and state authorities’ decisions to enact laws and regulations that result in more frequent mine inspections, stricter enforcement practices and enhanced reporting requirements; |
|    |                                                                                                                                                                                                                                                             |
| • | future legislation and changes in regulations or governmental policies or changes in interpretations or enforcement thereof, including with respect to safety enhancements and environmental initiatives relating to global warming and climate change;          |
|    |                                                                                                                                                                                                                                                             |
| • | impairment of the value of our long-lived and deferred tax assets;                                                                                                                                                                                               |
|    |                                                                                                                                                                                                                                                             |
| • | our liquidity, including our ability to adhere to financial covenants related to our borrowing arrangements;                                                                                                                                                     |
|    |                                                                                                                                                                                                                                                             |
| • | adequacy and sufficiency of our internal controls; and                                                                                                                                                                                                           |
|    |                                                                                                                                                                                                                                                             |
| • | legal and administrative proceedings, settlements, investigations and claims, including those related to citations and orders issued by regulatory authorities, and the availability of related insurance coverage.                                              |

----

|                          |         | Three months endedJune 30,                                         |    | Increase(Decrease) |
|-------------------------------|--------------|--------------------------------------------------------------------|---------|--------------------|
|                          |         | 2010                                                               |    |               | 2009 |   | $ or Tons |   | % |
|                          |         | (in thousands, except percentages and per ton data) |    |
| Coal sales revenues           |    | $                                                                  | 270,714 |               |   | $ | 254,677 |   | $ | 16,037 |   | 6 | % |
| Freight and handling revenues |    |                                                               | 9,006   |               |   |   | 6,041 |   |   | 2,965 |   | 49 | % |
| Other revenues                |    |                                                               | 20,720  |               |   |   | 17,079 |   |   | 3,641 |   | 21 | % |
| Total revenues                |    | $                                                                  | 300,440 |               |   | $ | 277,797 |   | $  | 22,643 |   | 8 | % |
|                          |         |                                                               |    |               |   |   |   |   |   |   |   |   |   |
| Tons sold                     |    |                                                               | 4,115   |               |   |   | 4,180 |   |   | (65 | ) | (2 | )% |
| Coal sales revenue per ton    |    | $                                                                  | 65.79   |               |   | $ | 60.92 |   | $ | 4.87 |   | 8 | %  |

|                      |         | Three months endedJune 30,                        |    | Increase(Decrease) |
|---------------------------|--------------|---------------------------------------------------|---------|--------------------|
|                      |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                      |         | (in thousands, except percentages) |    |
| Central Appalachian       |    | $                                                 | 169,316 |               |   | $ | 175,571 |   | $ | (6,255 | ) | (4 | )% |
| Northern Appalachian      |    |                                              | 69,823  |               |   |   | 48,685 |   |   | 21,138 |   | 43 | % |
| Illinois Basin       |    |                                              | 21,840  |               |   |   | 17,701 |   |   | 4,139 |   | 23 | % |
| Ancillary                 |    |                                              | 9,735   |               |   |   | 12,720 |   |   | (2,985 | ) | (23 | )% |
| Total coal sales revenues |         | $                                                 | 270,714 |               |   | $ | 254,677 |   | $ | 16,037 |   | 6 | % |

|                 |         | Three months endedJune 30,                        |   |   | Increase(Decrease) |
|----------------------|--------------|---------------------------------------------------|--------|--------|--------------------|
|                 |         | 2010                                              |   |   | 2009               |   |   | Tons |   | % |
|                 |         | (in thousands, except percentages) |   |
| Central Appalachian  |    |                                              | 2,319  |   |               |   | 2,480 |   |   | (161 | ) | (6 | )% |
| Northern Appalachian |    |                                              | 1,049  |   |               |   | 947 |   |   | 102 |   | 11 | % |
| Illinois Basin  |    |                                              | 586    |   |               |   | 546 |   |   | 40 |   | 7 | % |
| Ancillary            |    |                                              | 161    |   |               |   | 207 |   |   | (46 | ) | (22 | )% |
| Total tons sold      |         |                                              | 4,115  |   |               |   | 4,180 |   |   | (65 | ) | (2 | )% |

----

|                                         |         | Three months endedJune 30,                                         |    | Increase(Decrease) |
|----------------------------------------------|--------------|--------------------------------------------------------------------|---------|--------------------|
|                                         |         | 2010                                                               |    |               | 2009 |   | $ |   | % |
|                                         |         | (in thousands, except percentages and per ton data) |    |
| Cost of coal sales                           |    | $                                                                  | 211,927 |               |   | $ | 207,324 |   | $ | 4,603 |   | 2 | % |
| Freight and handling costs                   |    |                                                               | 9,006   |               |   |   | 6,041 |   |   | 2,965 |   | 49 | % |
| Cost of other revenues                       |         |                                                               | 26,400  |               |   |   | 6,630 |   |   | 19,770 |   | 298 | % |
| Depreciation, depletion and amortization     |         |                                                               | 26,135  |               |   |   | 26,035 |   |   | 100 |   | * | % |
| Selling, general and administrative expenses |         |                                                               | 8,335   |               |   |   | 8,670 |   |   | (335 | ) | (4 | )% |
| Gain on sale of assets                       |         |                                                               | (34     | )                  |   |   | (3,108 | ) |   | 3,074 |   | 99 | %  |
| Total costs and expenses                     |    | $                                                             | 281,769 |               |   | $  | 251,592 |   | $  | 30,177 |   | 12 | % |
|                                         |         |                                                               |    |               |   |   |   |   |   |   |   |   |   |
| Cost of coal sales per ton                   |    | $                                                                  | 51.51   |               |   | $ | 49.60 |   | $ | 1.91 |   | 4 | % |

----

|                 |         | Three months endedJune 30,                        |    | Increase(Decrease) |
|----------------------|--------------|---------------------------------------------------|---------|--------------------|
|                 |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                 |         | (in thousands, except percentages) |    |
| Central Appalachian  |    | $                                                 | 133,274 |               |   | $ | 140,142 |   | $ | (6,868 | ) | (5 | )% |
| Northern Appalachian |    |                                              | 54,199  |               |   |   | 44,745 |   |   | 9,454 |   | 21 | % |
| Illinois Basin  |    |                                              | 16,993  |               |   |   | 14,274 |   |   | 2,719 |   | 19 | % |
| Ancillary            |    |                                              | 7,461   |               |   |   | 8,163 |   |   | (702 | ) | (9 | )% |
| Cost of coal sales   |         | $                                                 | 211,927 |               |   | $ | 207,324 |   | $ | 4,603 |   | 2 | % |

----

|                  |         | Three months endedJune 30,                        |   | Increase(Decrease) |
|-----------------------|--------------|---------------------------------------------------|--------|--------------------|
|                  |         | 2010                                              |   |               | 2009 |   | $ |   | % |
|                  |         | (in thousands, except percentages) |   |
| Central Appalachian   |    | $                                                 | 37,287 |               |   | $ | 47,166 |   | $ | (9,879 | ) | (21 | )% |
| Northern Appalachian  |    |                                              | 7,108  |               |   |   | 5,301 |   |   | 1,807 |   | 34 | % |
| Illinois Basin   |    |                                              | 5,253  |               |   |   | 3,762 |   |   | 1,491 |   | 40 | % |
| Ancillary             |    |                                              | (4,842 | )                  |   |   | (3,989 | )  |   | (853 | ) | (21 | )% |
| Total Adjusted EBITDA |         | $                                                 | 44,806 |               |   | $ | 52,240 |   | $ | (7,434 | ) | (14 | )% |

----

|                                                      |         | Three months endedJune 30,                        |   | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|--------|--------------------|
|                                                      |         | 2010                                              |   |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |   |
| Central Appalachian                                       |         |                                              |   |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                            | 15,478 |               |   | $  | 23,257 |   | $  | (7,779 | ) | (33 | )% |
| Depreciation, depletion and amortization                  |    |                                              | 17,873 |               |   |   | 17,250 |   |   | 623 |   | 4 | % |
| Interest expense, net                                     |         |                                              | 1,120  |               |   |   | 1,189 |   |   | (69 | ) | (6 | )% |
| Income tax expense                                        |         |                                              | 2,816  |               |   |   | 5,470 |   |   | (2,654 | ) | (49 | )% |
| Adjusted EBITDA                                           |    | $                                                 | 37,287 |               |   | $ | 47,166 |   | $ | (9,879 | ) | (21 | )% |

|                                                      |         | Three months endedJune 30,                        |                | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|---------------------|--------------------|
|                                                      |         | 2010                                              |                |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |                |
| Northern Appalachian                                      |         |                                              |                |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                            | 1,108               |               |   | $  | 106 |   | $  | 1,002 |   | 945 | % |
| Depreciation, depletion and amortization                  |    |                                              | 5,437               |               |   |   | 5,246 |   |   | 191 |   | 4 | % |
| Interest expense, net                                     |         |                                              | 201                 |               |   |   | 9 |   |   | 192 |   | * | % |
| Income tax (benefit) expense                              |         |                                              | 362                 |               |   |   | (56 | ) |   | 418 |   | * | % |
| Noncontrolling interest                                   |    |                                              | —   |               |   |   | (4 | ) |   | 4 |   | 100 | % |
| Adjusted EBITDA                                           |         | $                                                 | 7,108               |               |   | $ | 5,301 |   | $ | 1,807 |   | 34 | % |

|                                                      |         | Three months endedJune 30,                        |   | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|--------|--------------------|
|                                                      |         | 2010                                              |   |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |   |
| Illinois Basin                                       |         |                                              |   |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                                 | 3,183  |               |   | $  | 1,422 |   | $  | 1,761 |   | 124 | % |
| Depreciation, depletion and amortization                  |    |                                              | 1,520  |               |   |   | 1,953 |   |   | (433 | ) | (22 | )% |
| Interest expense, net                                     |         |                                              | 131    |               |   |   | 75 |   |   | 56 |   | 75 | % |
| Income tax expense                                        |         |                                              | 419    |               |   |   | 312 |   |   | 107 |   | 34 | % |
| Adjusted EBITDA                                           |         | $                                                 | 5,253  |               |   | $ | 3,762 |   | $ | 1,491 |   | 40 | % |

----

|                                                    |         | Three months endedJune 30,                        |    | Increase(Decrease) |
|---------------------------------------------------------|--------------|---------------------------------------------------|---------|--------------------|
|                                                    |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                                                    |         | (in thousands, except percentages) |    |
| Ancillary                                               |         |                                              |    |               |   |   |   |   |   |   |   |   |   |
| Net loss attributable to International Coal Group, Inc. |    | $                                                 | (15,287 | )                  |   | $  | (14,403 | ) | $  | (884 | ) | (6 | )% |
| Depreciation, depletion and amortization                |    |                                              | 1,305   |               |   |   | 1,586 |   |   | (281 | ) | (18 | )% |
| Interest expense, net                                   |         |                                              | 8,563   |               |   |   | 11,941 |   |   | (3,378 | ) | (28 | )% |
| Income tax benefit                                      |    |                                              | (5,521  | )                  |   |   | (3,113 | ) |   | (2,408 | ) | (77 | )% |
| Loss on extinguishment of debt                          |         |                                              | 6,098   |               |   |   | —   |   |   | 6,098 |   | 100 | % |
| Adjusted EBITDA                                         |         | $                                                 | (4,842  | )                  |   | $ | (3,989 | ) | $ | (853 | ) | (21 | )% |

|                                                      |         | Three months endedJune 30,                        |                | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|---------------------|--------------------|
|                                                      |         | 2010                                              |                |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |                |
| Consolidated                                              |    |                                              |                |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                                 | 4,482               |               |   | $ | 10,382 |   | $ | (5,900 | ) | (57 | )% |
| Depreciation, depletion and amortization                  |    |                                              | 26,135              |               |   |   | 26,035 |   |   | 100 |   | * | % |
| Interest expense, net                                     |         |                                              | 10,015              |               |   |   | 13,214 |   |   | (3,199 | ) | (24 | )% |
| Income tax expense (benefit)                              |         |                                              | (1,924              | )                  |   |   | 2,613 |   |   | (4,537 | ) | * | % |
| Loss on extinguishment of debt                            |         |                                              | 6,098               |               |   |   | —   |   |   | 6,098 |   | 100 | % |
| Noncontrolling interest                                   |    |                                              | —   |               |   |   | (4 | ) |   | 4 |   | 100 | % |
| Adjusted EBITDA                                           |         | $                                                 | 44,806              |               |   | $ | 52,240 |   | $ | (7,434 | ) | (14 | )% |

----

|                          |         | Six months endedJune 30,                                           |    | Increase(Decrease) |
|-------------------------------|--------------|--------------------------------------------------------------------|---------|--------------------|
|                          |         | 2010                                                               |    |               | 2009 |   | $ or Tons |   | % |
|                          |         | (in thousands, except percentages and per ton data) |    |
| Coal sales revenues           |    | $                                                                  | 541,204 |               |   | $ | 528,493 |   | $ | 12,711 |   | 2 | % |
| Freight and handling revenues |    |                                                               | 18,383  |               |   |   | 14,675 |   |   | 3,708 |   | 25 | % |
| Other revenues                |    |                                                               | 29,447  |               |   |   | 39,595 |   |   | (10,148 | ) | (26 | )% |
| Total revenues                |    | $                                                                  | 589,034 |               |   | $ | 582,763 |   | $  | 6,271 |   | 1 | % |
|                          |         |                                                               |    |               |   |   |   |   |   |   |   |   |   |
| Tons sold                     |    |                                                               | 8,438   |               |   |   | 8,860 |   |   | (422 | ) | (5 | )% |
| Coal sales revenue per ton    |    | $                                                                  | 64.14   |               |   | $ | 59.65 |   | $ | 4.49 |   | 8 | %  |

|                      |         | Six months endedJune 30,                          |    | Increase(Decrease) |
|---------------------------|--------------|---------------------------------------------------|---------|--------------------|
|                      |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                      |         | (in thousands, except percentages) |    |
| Central Appalachian       |    | $                                                 | 348,280 |               |   | $ | 359,693 |   | $ | (11,413 | ) | (3 | )% |
| Northern Appalachian      |    |                                              | 130,188 |               |   |   | 108,936 |   |   | 21,252 |   | 20 | % |
| Illinois Basin       |    |                                              | 45,376  |               |   |   | 36,424 |   |   | 8,952 |   | 25 | % |
| Ancillary                 |    |                                              | 17,360  |               |   |   | 23,440 |   |   | (6,080 | ) | (26 | )% |
| Total coal sales revenues |         | $                                                 | 541,204 |               |   | $ | 528,493 |   | $ | 12,711 |   | 2 | % |

|                 |         | Six months endedJune 30,                          |   |   | Increase(Decrease) |
|----------------------|--------------|---------------------------------------------------|--------|--------|--------------------|
|                 |         | 2010                                              |   |   | 2009               |   |   | Tons |   | % |
|                 |         | (in thousands, except percentages) |   |
| Central Appalachian  |    |                                              | 4,792  |   |               |   | 5,249 |   |   | (457 | ) | (9 | )% |
| Northern Appalachian |    |                                              | 2,118  |   |               |   | 2,055 |   |   | 63 |   | 3 | % |
| Illinois Basin  |    |                                              | 1,237  |   |               |   | 1,136 |   |   | 101 |   | 9 | % |
| Ancillary            |    |                                              | 291    |   |               |   | 420 |   |   | (129 | ) | (31 | )% |
| Total tons sold      |         |                                              | 8,438  |   |               |   | 8,860 |   |   | (422 | ) | (5 | )% |

----

|                                         |         | Six months endedJune 30,                                           |    | Increase(Decrease) |
|----------------------------------------------|--------------|--------------------------------------------------------------------|---------|--------------------|
|                                         |         | 2010                                                               |    |               | 2009 |   | $ |   | % |
|                                         |         | (in thousands, except percentages and per ton data) |    |
| Cost of coal sales                           |    | $                                                                  | 431,992 |               |   | $ | 439,289 |   | $ | (7,297 | ) | (2 | )% |
| Freight and handling costs                   |    |                                                               | 18,383  |               |   |   | 14,675 |   |   | 3,708 |   | 25 | % |
| Cost of other revenues                       |         |                                                               | 33,581  |               |   |   | 15,966 |   |   | 17,615 |   | 110 | % |
| Depreciation, depletion and amortization     |         |                                                               | 52,532  |               |   |   | 52,298 |   |   | 234 |   | * | % |
| Selling, general and administrative expenses |         |                                                               | 16,920  |               |   |   | 19,281 |   |   | (2,361 | ) | (12 | )% |
| Gain on sale of assets                       |         |                                                               | (3,515  | )                  |   |   | (3,186 | ) |   | (329 | ) | (10 | )%  |
| Total costs and expenses                     |    | $                                                             | 549,893 |               |   | $  | 538,323 |   | $  | 11,570 |   | 2 | % |
|                                         |         |                                                               |    |               |   |   |   |   |   |   |   |   |   |
| Cost of coal sales per ton                   |    | $                                                                  | 51.20   |               |   | $ | 49.58 |   | $ | 1.62 |   | 3 | % |

----

|                 |         | Six months endedJune 30,                          |    | Increase(Decrease) |
|----------------------|--------------|---------------------------------------------------|---------|--------------------|
|                 |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                 |         | (in thousands, except percentages) |    |
| Central Appalachian  |    | $                                                 | 273,540 |               |   | $ | 295,973 |   | $ | (22,433 | ) | (8 | )% |
| Northern Appalachian |    |                                              | 107,870 |               |   |   | 97,123 |   |   | 10,747 |   | 11 | % |
| Illinois Basin  |    |                                              | 36,401  |               |   |   | 30,487 |   |   | 5,914 |   | 19 | % |
| Ancillary            |    |                                              | 14,181  |               |   |   | 15,706 |   |   | (1,525 | ) | (10 | )% |
| Cost of coal sales   |         | $                                                 | 431,992 |               |   | $ | 439,289 |   | $ | (7,297 | ) | (2 | )% |

----

|                  |         | Six months endedJune 30,                          |    | Increase(Decrease) |
|-----------------------|--------------|---------------------------------------------------|---------|--------------------|
|                  |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                  |         | (in thousands, except percentages) |    |
| Central Appalachian   |    | $                                                 | 76,723  |               |   | $ | 76,599 |   | $ | 124 |   | * | % |
| Northern Appalachian  |    |                                              | 15,054  |               |   |   | 15,453 |   |   | (399 | ) | (3 | )% |
| Illinois Basin   |    |                                              | 10,000  |               |   |   | 6,633 |   |   | 3,367 |   | 51 | % |
| Ancillary             |    |                                              | (10,104 | )                  |   |   | (1,947 | )  |   | (8,157 | ) | (419 | )% |
| Total Adjusted EBITDA |         | $                                                 | 91,673  |               |   | $ | 96,738 |   | $ | (5,065 | ) | (5 | )% |

----

|                                                      |         | Six months endedJune 30,                          |   | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|--------|--------------------|
|                                                      |         | 2010                                              |   |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |   |
| Central Appalachian                                       |         |                                              |   |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                            | 34,826 |               |   | $  | 31,336 |   | $  | 3,490 |   | 11 | % |
| Depreciation, depletion and amortization                  |    |                                              | 35,425 |               |   |   | 34,840 |   |   | 585 |   | 2 | % |
| Interest expense, net                                     |         |                                              | 2,360  |               |   |   | 2,097 |   |   | 263 |   | 13 | % |
| Income tax expense                                        |         |                                              | 4,112  |               |   |   | 8,326 |   |   | (4,214 | ) | (51 | )% |
| Adjusted EBITDA                                           |    | $                                                 | 76,723 |               |   | $ | 76,599 |   | $ | 124 |   | * | % |

|                                                      |         | Six months endedJune 30,                          |                | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|---------------------|--------------------|
|                                                      |         | 2010                                              |                |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |                |
| Northern Appalachian                                      |         |                                              |                |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                            | 3,455               |               |   | $  | 3,323 |   | $  | 132 |   | 4 | % |
| Depreciation, depletion and amortization                  |    |                                              | 10,706              |               |   |   | 10,821 |   |   | (115 | ) | (1 | )% |
| Interest expense, net                                     |         |                                              | 369                 |               |   |   | 140 |   |   | 229 |   | 164 | % |
| Income tax expense                                        |         |                                              | 524                 |               |   |   | 1,144 |   |   | (620 | ) | (54 | )% |
| Noncontrolling interest                                   |    |                                              | —   |               |   |   | 25 |   |   | (25 | ) | (100 | )% |
| Adjusted EBITDA                                           |         | $                                                 | 15,054              |               |   | $ | 15,453 |   | $ | (399 | ) | (3 | )% |

|                                                      |         | Six months endedJune 30,                          |   | Increase(Decrease) |
|-----------------------------------------------------------|--------------|---------------------------------------------------|--------|--------------------|
|                                                      |         | 2010                                              |   |               | 2009 |   | $ |   | % |
|                                                      |         | (in thousands, except percentages) |   |
| Illinois Basin                                       |         |                                              |   |               |   |   |   |   |   |   |   |   |   |
| Net income attributable to International Coal Group, Inc. |    | $                                                 | 5,029  |               |   | $  | 2,264 |   | $  | 2,765 |   | 122 | % |
| Depreciation, depletion and amortization                  |    |                                              | 4,068  |               |   |   | 3,663 |   |   | 405 |   | 11 | % |
| Interest expense, net                                     |         |                                              | 262    |               |   |   | 144 |   |   | 118 |   | 82 | % |
| Income tax expense                                        |         |                                              | 641    |               |   |   | 562 |   |   | 79 |   | 14 | % |
| Adjusted EBITDA                                           |         | $                                                 | 10,000 |               |   | $ | 6,633 |   | $ | 3,367 |   | 51 | % |

----

|                                                    |         | Six months endedJune 30,                          |    | Increase(Decrease) |
|---------------------------------------------------------|--------------|---------------------------------------------------|---------|--------------------|
|                                                    |         | 2010                                              |    |               | 2009 |   | $ |   | % |
|                                                    |         | (in thousands, except percentages) |    |
| Ancillary                                               |         |                                              |    |               |   |   |   |   |   |   |   |   |   |
| Net loss attributable to International Coal Group, Inc. |    | $                                                 | (47,680 | )                  |   | $  | (22,848 | ) | $  | (24,832 | ) | (109 | )% |
| Depreciation, depletion and amortization                |    |                                              | 2,333   |               |   |   | 2,974 |   |   | (641 | ) | (22 | )% |
| Interest expense, net                                   |         |                                              | 20,324  |               |   |   | 23,851 |   |   | (3,527 | ) | (15 | )% |
| Income tax benefit                                      |    |                                              | (13,166 | )                  |   |   | (5,924 | ) |   | (7,242 | ) | (122 | )% |
| Loss on extinguishment of debt                          |         |                                              | 28,085  |               |   |   | —   |   |   | 28,085 |   | 100 | % |
| Adjusted EBITDA                                         |         | $                                                 | (10,104 | )                  |   | $ | (1,947 | ) | $ | (8,157 | ) | (419 | )% |

|                                                             |         | Six months endedJune 30,                          |                | Increase(Decrease) |
|------------------------------------------------------------------|--------------|---------------------------------------------------|---------------------|--------------------|
|                                                             |         | 2010                                              |                |               | 2009 |   | $ |   | % |
|                                                             |         | (in thousands, except percentages) |                |
| Consolidated                                                     |    |                                              |                |               |   |   |   |   |   |   |   |   |   |
| Net income (loss) attributable to International Coal Group, Inc. |    | $                                                 | (4,370              | )                  |   | $ | 14,075 |   | $ | (18,445 | ) | (131 | )% |
| Depreciation, depletion and amortization                         |    |                                              | 52,532              |               |   |   | 52,298 |   |   | 234 |   | * | % |
| Interest expense, net                                            |         |                                              | 23,315              |               |   |   | 26,232 |   |   | (2,917 | ) | (11 | )% |
| Income tax expense (benefit)                                     |         |                                              | (7,889              | )                  |   |   | 4,108 |   |   | (11,997 | ) | * | % |
| Loss on extinguishment of debt                                   |         |                                              | 28,085              |               |   |   | —   |   |   | 28,085 |   | 100 | % |
| Noncontrolling interest                                          |    |                                              | —   |               |   |   | 25 |   |   | (25 | ) | (100 | )% |
| Adjusted EBITDA                                                  |         | $                                                 | 91,673              |               |   | $ | 96,738 |   | $ | (5,065 | ) | (5 | )% |

----

----

----

|                                                                      |   | June 30,2010 |    |
|---------------------------------------------------------------------------|--------|--------------|---------|
| 9.125% Senior Notes, due 2018, net of debt discount of $1,370             |   | $            | 198,630 |   |
| 4.00% Convertible Senior Notes, due 2017, net of debt discount of $33,685 |   |         | 81,315  |   |
| 9.00% Convertible Senior Notes, due 2012, net of debt discount of $1,216  |   |         | 23,796  |   |
| 10.25% Senior Notes, due 2014                                             |   |         | 5,876   |   |
| Equipment notes                                                           |   |         | 51,411  |   |
| Capital lease and other                                                   |   |         | 1,888   |   |
| Total                                                                     |   |         | 362,916 |   |
| Less current portion                                                      |   |         | (24,947 | ) |
| Long-term debt and capital lease                                          |   | $            | 337,969 |   |

----

| Item 3. | Quantitative and Qualitative Disclosures About Market Risk |
|--------------|------------------------------------------------------------|

| Item 4. | Controls and Procedures |
|--------------|-------------------------|

----

| Item 1. | Legal Proceedings |
|--------------|-------------------|

|  Item 1A. | Risk Factors |
|---------------------|--------------|

----

----

----

----

----

| Item 2. | Unregistered Sales of Securities and Use of Proceeds |
|--------------|------------------------------------------------------|

| ISSUER PURCHASES OF EQUITY SECURITIES      |
|--------------------------------------------|
|     Period             |   |  Total Number of Shares Purchased (1) |   |  Average Price Paid per Share(1) |    | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs |   | Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs |
| January 1, 2010 through January 31, 2010   |   | —   |   | $ | —   |   | —   |   | —   |
| February 1, 2010 through February 28, 2010 |   | —   |   |   | —   |   | —   |   | —   |
| March 1, 2010 through March 31, 2010       |   | 2,627 |   |   | 4.45 |   | —   |   | —   |
| April 1, 2009 through April 30, 2009       |   | 35,914 |   |   | 5.27 |   | —   |   | —   |
| May 1, 2009 through May 31, 2009           |   | —   |   |   | —   |   | —   |   | —   |
| June 1, 2009 through June 30, 2009         |   | 330 |   |   | 3.85 |   | —   |   | —   |
| Total                                      |   | 38,871 |   | $ | 5.21 |   | —   |   | —   |

|                   (1) | During the six months ended June 30, 2010, we withheld 38,871 shares of common stock from employees to satisfy estimated tax obligations upon the vesting of restricted stock under the terms of our Amended and Restated 2005 Equity and Performance Incentive Plan. The value of the common stock that was withheld was based upon the closing price of our common stock on the applicable vesting dates. |
|------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Item 6. | Exhibits |
|--------------|----------|

| Exhibit No. |    | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                          |    | Note   |   |
|------------------|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------|--------|
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 3.1              |    | Form of Second Amended and Restated Certificate of Incorporation of International Coal Group, Inc.                                                                                                                                                                                                                                                                                                                                                                   |    | (A)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 3.2              |    | Form of Second Amended and Restated By-Laws of International Coal Group, Inc., as further amended on November 28, 2007                                                                                                                                                                                                                                                                                                                                               |    | (B)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.1              |    | Form of Certificate of International Coal Group, Inc. Common Stock                                                                                                                                                                                                                                                                                                                                                                                                   |    | (C)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.2              |         | Indenture, dated as of March 16, 2010, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., relating to International Coal Group, Inc.’s 4.00% Convertible Senior Notes due 2017                                                                                                                                                                                                       |         | (D)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.3              |         | First Supplemental Indenture, dated as of March 16, 2010, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., relating to International Coal Group, Inc.’s 4.00% Convertible Senior Notes due 2017                                                                                                                                                                                    |         | (D)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.4              |         | Form of 4.00% Convertible Senior Notes due 2017                                                                                                                                                                                                                                                                                                                                                                                                                      |         | (D)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.5              |         | Form of Guarantee relating to International Coal Group, Inc.’s 4.00% Convertible Senior Notes due 2017 (included in Exhibit 4.4)                                                                                                                                                                                                                                                                                                                               |         | (D)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.6              |         | Second Supplemental Indenture, dated as of March 22, 2010, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to International Coal Group, Inc.’s 9.125% Senior Secured Second-Priority Notes due 2018                                                                                                                                                          |         | (E)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.7              |         | Form of 9.125% Senior Secured Second-Priority Notes due 2018                                                                                                                                                                                                                                                                                                                                                                                                         |         | (E)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.8              |         | Form of Guarantee relating to International Coal Group, Inc.’s 9.125% Senior Secured Second-Priority Notes due 2018 (included in Exhibit 4.7)                                                                                                                                                                                                                                                                                                                  |         | (E)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.9              |         | Indenture, dated as of July 31, 2007, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Trust Company, N.A., as Trustee, relating to International Coal Group, Inc.’s 9.00% Convertible Senior Notes                                                                                                                                                                                                                 |         | (F)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.10             |         | Form of 9.00% Convertible Senior Notes (included in Exhibit 4.9)                                                                                                                                                                                                                                                                                                                                                                                                     |         | (F)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.11             |         | Form of Guarantee relating to International Coal Group, Inc.’s 9.00% Convertible Senior Notes                                                                                                                                                                                                                                                                                                                                                                  |         | (F)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 4.12             |         | First Supplemental Indenture, dated December 3, 2009, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to International Coal Group, Inc.’s 9.00% Convertible Senior Notes                                                                                                                                                                                          |         | (G)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 10.1             |    | Third Amended and Restated Credit Agreement, dated February 22, 2010, among ICG, LLC, as borrower, International Coal Group, Inc. and certain subsidiaries of International Coal Group, Inc. as credit parties, the lenders party thereto, General Electric Capital Corporation, as administrative agent and as a collateral agent, UBS AG, Stamford Branch, as a collateral agent and PNC Bank, National Association, as documentation agent                        |    | (H)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.2             |         | Amendment No. 1 to the Third Amended and Restated Credit Agreement, dated as of May 6, 2010, among ICG, LLC, as borrower, International Coal Group, Inc. and certain subsidiaries of International Coal Group, Inc. as credit parties, the lenders party thereto, General Electric Capital Corporation, as administrative agent and as a collateral agent, UBS AG, Stamford Branch, as a collateral agent and PNC Bank, National Association, as documentation agent |         | (J)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |
| 10.3             |         | Amended and Restated Security Agreement, dated February 22, 2010, among ICG, LLC and the guarantors party thereto, as pledgors, and General Electric Capital Corporation and UBS AG, Stamford Branch, each in their capacity as a collateral agent                                                                                                                                                                                                                   |         | (H)    |   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

----

| 10.4   |         | Security Agreement, dated as of March 22, 2010, among International Coal Group, Inc., the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A.                                       |         | (E)    |   |
|--------|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------|--------|
|   |         |                                                                                                                                                                                                         |         |   |   |
| 10.5   |         | Intercreditor Agreement, dated as of March 22, 2010, among International Coal Group, Inc., The Bank of New York Mellon Trust Company, N.A., General Electric Capital Corporation and UBS AG, Stamford Branch |         | (E)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 10.6   |         | International Coal Group, Inc. Amended Executive Severance Plan                                                                                                                                              |         | (J)    |   |
|   |         |                                                                                                                                                                                                         |
| 10.7   |         | International Coal Group, Inc. Amended and Restated 2005 Equity and Performance Plan                                                                                                                         |         | (I)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 10.8   |         | International Coal Group, Inc. Amended and Restated 2005 Equity and Performance Incentive Plan: Form of Non-Qualified Stock Option Agreement                                                                 |         | (J)    |   |
|   |         |                                                                                                                                                                                                         |
| 10.9   |         | International Coal Group, Inc. Amended and Restated 2005 Equity and Performance Incentive Plan: Form of Incentive Stock Option Agreement                                                                     |         | (J)    |   |
|   |         |                                                                                                                                                                                                         |
| 10.10  |         | International Coal Group, Inc. Amended and Restated 2005 Equity and Performance Incentive Plan: Form of Restricted Share Agreement                                                                           |         | (J)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 10.11  |         | International Coal Group, Inc. Amended and Restated 2005 Equity and Performance Incentive Plan: Form of Non-Employee Director Restricted Share Unit Agreement                                                |         | (J)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 31.1   |    | Certification of the Principal Executive Officer                                                                                                                                                             |    | (K)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 31.2   |    | Certification of the Principal Financial Officer                                                                                                                                                             |    | (K)    |   |
|   |         |                                                                                                                                                                                                         |         |   |   |
| 32.1   |    | Certification Pursuant to § 906 of the Sarbanes-Oxley Act of 2002                                                                                                                                       |    | (K)    |   |

----

| (A) | Previously filed as an exhibit to Amendment No. 4 to International Coal Group, Inc.’s Registration Statement on Form S-1 (Reg. No. 333-124393), filed on October 24, 2005 and incorporated herein by reference.                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (B) | Previously filed as an exhibit to Amendment No. 5 to International Coal Group, Inc.’s Registration Statement on Form S-1 (Reg. No. 333-124393), filed on November 9, 2005 and incorporated herein by reference. As further amended in Exhibit 99.1 to International Coal Group, Inc.’s Current Report on Form 8-K filed on November 28, 2007.  |
| (C) | Previously filed as an exhibit to Amendment No. 3 to International Coal Group, Inc.’s Registration Statement on Form S-1 (Reg. No. 333-124393), filed on September 28, 2005 and incorporated herein by reference.                                                                                                                                         |
| (D) | Previously filed as an exhibit to International Coal Group, Inc.’s Current Report on Form 8-K, filed onMarch 16, 2010, and incorporated herein by reference.                                                                                                                                                                                                             |
| (E) | Previously filed as an exhibit to International Coal Group, Inc.’s Current Report on Form 8-K, filed onMarch 23, 2010, and incorporated herein by reference.                                                                                                                                                                                                             |
| (F) | Previously filed as an exhibit to International Coal Group, Inc.’s Current Report on Form 8-K, filed on July 31, 2007, and incorporated herein by reference.                                                                                                                                                                                                             |
| (G) | Previously filed as an exhibit to International Coal Group, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2009, filed on January 29, 2010, and incorporated herein by reference.                                                                                                                                                                     |
| (H) | Previously filed as an exhibit to International Coal Group, Inc.’s Current Report on Form 8-K/A, filed on March 8, 2010, and incorporated herein by reference.                                                                                                                                                                                                           |
| (I) | Previously filed as Annex A to International Coal Group, Inc.’s Definitive Proxy Statement on Schedule 14A (File No. 1-32679) filed on April 15, 2009.                                                                                                                                                                                                                   |
| (J) | Previously filed as an exhibit to International Coal Group, Inc.’s Quarterly Report on Form 10-Q, filed on May 6, 2010, and incorporated herein by reference.                                                                                                                                                                                                            |
| (K) | Filed herewith.                                                                                                                                                                                                                                                                                                                                                                     |

----

| INTERNATIONAL COAL GROUP, INC. |
|--------------------------------|
|                           |   |
| By:                            |   | /s/ Bennett K. Hatfield |
| Name:                          |   | Bennett K. Hatfield |
| Title:                         |   | President, Chief Executive Officer and Director |
|                           |   | (Principal Executive Officer) |
|                           |   |
| By:                            |   | /s/ Bradley W. Harris |
| Name:                          |   | Bradley W. Harris |
| Title:                         |   | Senior Vice President, Chief Financial Officer and Treasurer |
|                           |   | (Principal Financial Officer)  |