ArcelorMittal Acquires Leading UK Steel Distribution Company NSD

Regulatory News:

ArcelorMittal has acquired NSD Limited, a leading steel distribution company specialising in sales of heavy sections and tubes based in Scunthorpe, North Lincolnshire, UK, in order to increase its commercial presence in the UK market.

With 130 000 tpy of sales (100 000 tpy of heavy section + 30 000 tpy of tubes) and 89 M (£60 m) of turnover, NSD will form the basis of the drive to gain a significant market share for ArcelorMittal Distribution in the UK.

ArcelorMittal will extend its position in the attractive UK market which, whilst being mature, is still very profitable said Gonzalo Urquijo, member of the Group Management Board of ArcelorMittal and responsible for Steel Solutions and Services as well as Long Carbon Europe.

NSD has a long and successful history of supplying both steel stockholders and fabricators and will form an essential link with all ArcelorMittal supply units. Gonzalo Urquijo added that The UK has a very strong steel culture in construction. ArcelorMittal can offer the complete steel solution and aims to take the leading role in the UK market.

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:

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
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
or
Maitland Consultancy
Lydia Pretzlik / Martin Leeburn, + 44 20 7379 5151
or
Belgium
Comfi
Charles-Hubert Gernaert, +32 2 290 90 90
or
North America
Bill Steers, +1 312 899 3817
or
Netherlands
Smink, Van der Ploeg & Jongsma
Leon Melens, +31 20 647 81 81
or
Germany
Herring Schuppener
Phoebe Kebbel, +49 69 92 18 74 77
or
France
Sandra Luneau, +33 1 71 92 00 58
or
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

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