ArcelorMittal Share Buyback Program: Status Report as of November 29

Regulatory News:

ArcelorMittal, under the new share buy-back program as announced on 13 September 2007, hereby announces that it has repurchased 5,200,000 shares from 22 November until 28 November 2007.

The shares were repurchased at an average price of EUR 47.7651 and for a total amount of EUR 248,345,485.00.

For more information on the share buy-back program see the Corporate Governance section under Investors & Shareholders on the ArcelorMittal website at www.arcelormittal.com.

About ArcelorMittal

ArcelorMittal is the world's number one steel company, with 320,000 employees in more than 60 countries. The company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel.

ArcelorMittal is the leader in all major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 27 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.

ArcelorMittal key pro forma financials for 2006 show combined revenues of USD 88.6 billions, with a crude steel production of 118 million tonnes, representing around 10 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

Contacts:

Contact information ArcelorMittal Investor Relations
Europe +352 4792 2414
Americas +1 312 899 3569
Retail +352 4792 2434
SRI +44 203 214 2854
Bonds/Credit +33 1 71 92 10 26
or
Contact information ArcelorMittal Communications
E-mail:
press@arcelormittal.com
Phone: +352 4792 5000
or
ArcelorMittal Corporate Communications
Mark Mann +44 203 214 2867
Jean Lasar +352 4792 2359
Maitland Consultancy:
Lydia Pretzlik / Martin Leeburn + 44 20 7379 5151
or
Belgium
Charles-Hubert Gernaert, Comfi, +32 2 290 90 90
or
North America
Bill Steers +1 312 899 3817
or
Netherlands
Leon Melens, Smink, Van der Ploeg & Jongsma
+31 20 647 81 81
or
Germany
Phoebe Kebbel, Herring Schuppener, +49 69 92 18 74 77
or
France
Sandra Luneau +33 1 71 92 00 58
Image 7 - Anne France Malrieu /
Tiphaine Hecketsweiler +33 1 5370 7470
or
Spain
Ignacio Agreda +34 94 489 4162
Oscar Fleites +34 98 512 60 29
Keith Grant +34 639 760 397

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