ArcelorMittal Provides Noble International a 50m$ Convertible Loan and Agrees to Acquire an Additional 10.31% of Shares of Noble

Regulatory News:

ArcelorMittal today announces that it has provided Noble International, Ltd. (NASDAQ: NOBL) ("Noble") with a $50 million convertible subordinated loan. The proceeds of this financing will be used by Noble to reduce Noble’s North American senior debt and to support its operations.

ArcelorMittal also announces that it has agreed to acquire an additional 10.31% of shares of Noble from Robert J. Skandalaris, Noble’s chairman and founder.

This will increase ArcelorMittal’s shareholding in Noble to approximately 49.95%.

The agreement is subject to satisfaction of certain conditions.

ArcelorMittal looks forward to working closely with Noble in order to build on Noble’s success.

Noble is the world’s largest producer of laser-welded steel products.

About ArcelorMittal

ArcelorMittal is the world's largest and most global steel company, with 310,000 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 28 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 unaudited financials for 2007 show revenues of USD 105.2 billion, with a crude steel production of 116 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).