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ArcelorMittal Announces Changes to Management Committee

Regulatory News:

ArcelorMittal today announces new appointments to its Management Committee, following changes to the Group Management Board (GMB) announced on 21 April 2008. Members of the Group Management Board (GMB) also sit on the Management Committee.

The new members of the Management Committee are Robrecht Himpe (CEO Flat Europe) and Arnaud Poupart-Lafarge (Africa and CIS).

Two of the current members of the Management Committee, André van den Bossche, in charge of Global Trade Policy, Steel Contact Groups, Mandates and Associations, and Narendra Chaudhary, CEO Africa and CIS, will be retiring in due course. Mr Van den Bossche will continue to serve as a consultant to the CEO. Mr Chaudharys responsibilities will be assumed by Mr Poupart Lafarge upon his retirement.

Vijay Bhatnagar remains a member of the Management Committee and will be taking up his new responsibilities as CEO of India.

ArcelorMittals new Management Committee structure is as follows:

Bhikam Agarwal Executive Vice President, Head of Finance
Vijay Bhatnagar Executive Vice President, CEO India
Jose Armando Campos Executive Vice President, CEO Flat South America
Narendra Chaudhary Executive Vice President, CEO Africa and CIS
Philippe Darmayan Executive Vice President, CEO ArcelorMittal Steel Solutions and Services
Bernard Fontana Executive Vice President, Head of Human Resources
Jean-Yves Gilet Executive Vice President, CEO Stainless
Pierre Gugliermina Executive Vice President, Chief Technology Officer (CTO)
Robrecht Himpe Executive Vice President, CEO Flat Europe
Carlo Panunzi Executive Vice President, CEO Long Americas
Michael Pfitzner Executive Vice President, Head of Marketing and Commercial Coordination
Arnaud Poupart-Lafarge Executive Vice President, Africa and CIS
Gerhard Renz Executive Vice President, CEO Long Europe (including Annaba, Bosnia, Ostrava and Sonasid)
Mike Rippey Executive Vice President, CEO USA
Lou Schorsch Executive Vice President, CEO Flat Americas
Bill Scotting Executive Vice President, Head of Strategy

Lakshmi Mittal, CEO of ArcelorMittal, commented:

I believe that we have a first class management team in place. I have every confidence that with this new structure, and with the collective talents of the individuals appointed to these roles, we are truly building a company built to last.

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 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).

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
Haroon Hassan +44 20 3214 2867
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
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

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