ArcelorMittal

The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda.

Luxembourg, 12 May 2009 - The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda.

722,051,341 shares, or 49.86% of the Company's share capital, were present or represented at the meeting. All the resolutions on the Annual General Meeting's agenda were adopted by the shareholders by an overwhelming majority. 

In particular, the shareholders acknowledged the expirations of the mandates of Michel Marti, Sergio Silva de Freitas, Wilbur L. Ross, Narayanan Vaghul, François Pinault and Jean-Pierre Hansen as members of the Board of Directors. They elected Wilbur L. Ross, Narayanan Vaghul and François Pinault as members of the Board of Directors. 

In addition, Ignacio Fernández Toxo stepped down from the Board of Directors effective today. 

ArcelorMittal had also convened its shareholders to an Extraordinary General Meeting, which was to immediately follow the Annual General Meeting. However, the quorum required for that meeting, namely 50% of the issued share capital, was not reached, and the Extraordinary General Meeting will therefore be reconvened to a new date to be announced by the Company in due course.

About ArcelorMittal 

ArcelorMittal is the world's leading steel company, with operations in more than 60 countries. 

ArcelorMittal is the leader in all major global steel 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. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.

Through its core values of Sustainability, Quality and Leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and wellbeing of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. ArcelorMittal recognises that it has a significant responsibility to tackle the global climate change challenge; it takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.

In 2008, ArcelorMittal had revenues of $124.9 billion and crude steel production of 103.3 million tonnes, representing approximately 10 per cent of world steel output. 

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).