ArcelorMittal share buyback program: status report as of July 4

Monday, Jul 07, 2008

Luxembourg, 7 July 2008 - ArcelorMittal, under the new share buy-back program as announced on 12 December and on 18 December 2007 and the share buy-back mandate as announced on 1 July 2008, hereby declares that it has repurchased 5,308,871 shares from 30 June until 4 July 2008.

The shares were repurchased at an average price of EUR 56.0903 and for a total amount of EUR 297,776,184 .

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

About ArcelorMittal

ArcelorMittal is the world's largest integrated metals and mining company, with over 310,000 employees in more than 60 countries.

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 over 20 countries across 4 continents exposes the company to all the key steel markets, from emerging to mature.

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).

For more information about ArcelorMittal visit: www.arcelormittal.com

Source: ArcelorMittal