ArcelorMittal Share Buyback Program: Status Report as of January 23

Regulatory News:

ArcelorMittal, under the new share buy-back program as announced on 13 September and on 12 December 2007, hereby announces that it has repurchased 1,843,742 shares from 17 January until 23 January 2008.

The shares were repurchased at an average price of EUR 40.3928 and for a total amount of EUR 74,743,971.90.

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 billion, 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
ArcelorMittal Communications
E-mail:
press@arcelormittal.com
Phone: +352 4792 5000
ArcelorMittal Corporate Communications
Nicola Davidson +44 207 543 1162 / 1172
Jean Lasar +352 4792 2359
Maitland Consultancy:
Lydia Pretzlik / Martin Leeburn + 44 20 7379 5151
Belgium
Charles-Hubert Gernaert, Comfi, +32 2 290 90 90
North America
Bill Steers +1 312 899 3817
Netherlands
Leon Melens, Smink, Van der Ploeg & Jongsma,
+31 20 647 81 81
Germany
Phoebe Kebbel, Herring Schuppener,
+49 69 92 18 74 77
France
Sandra Luneau +33 1 71 92 00 58
Image 7 - Anne France Malrieu /
Tiphaine Hecketsweiler +33 1 5370 7470
Spain
Ignacio Agreda +34 94 489 4162
Oscar Fleites +34 98 512 60 29
Keith Grant +34 639 760 397

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.