Tuesday, September 1, 2009

ArcelorMittal: Malay Mukherjee steps down from the Board of Directors


Luxembourg, 1 September 2009 - ArcelorMittal hereby announces that Malay Mukherjee has stepped down from the Board of Directors in order to pursue other interests.

Mr. Mukherjee joined the board in May 2008 after a long and distinguished career in ArcelorMittal's senior management, latterly as a member of the Group Management Board with responsibility for Asia,Africa, the CIS, Mining and Technology.
Mr Lakshmi N. Mittal, Chairman and Chief Executive, ArcelorMittal, said: "Mr Mukherjee has been an exceptional member of ArcelorMittal, first as a highly regarded senior executive and over the past year as a member of the Board of Directors. We will miss his wisdom and advice, but wish him all the best for the future.”

Mr Mukherjee added: “ArcelorMittal is a great company and one that I will always feel a part of. I wish the company every success in the future and have no doubt that it will continue to go from strength to strength.”

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).

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