Arcelor Mittal Announces Sale of Huta Bankowa

Rotterdam/Luxembourg, January 19, 2007 - Arcelor Mittal has announced today the agreed
sale of Huta Bankowa to Alchemia SA Capital Group, as part of Mittal Steel's commitments to
the European Commission during the recommended merger of Arcelor S.A. and Mittal Steel

Huta Bankowa, a 100% subsidiary of Arcelor Mittal, is located in Dabrowa Gornicza (Southern
Poland). The business comprises three main divisions: a rolling mill, with production capacity of
150,000 tonnes, a forged rings department with production capacity of 26,000 tonnes and a
service centre. In 2005, Huta Bankowa generated a turnover of euro81 million. The company is a
specialised producer of merchant bars and sections. For selected products, Huta Bankowa is
the leading or sole producer in Poland. There are 750 employees.

Following Mittal Steel's bid for Arcelor last year, the European Commission identified
competition concerns in relation to sections. In response, the company committed to dispose of
three European medium/heavy section mills, two of which have already been agreed: the first
being the sale of Stahlwerk Thüringen on December 6, 2006, to Grupo Alfonso Gallardo and
the second, on December 13, the sale of Travi e Profilati di Pallanzeno to Duferco. All together,
the disposal of those 3 mills has been done for an enterprise value of about USD 1 billion.

Aditya Mittal, CFO Arcelor Mittal, said: "This is an excellent outcome. Huta Bankowa and
Alchemia will be a good fit together. With this transaction we will have fulfilled all our
competition commitments to the European Commission."

About Arcelor Mittal

Arcelor Mittal is the world's number one steel company, with 330,000 employees in more than 60 countries. The
company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel.

Arcelor Mittal 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 27 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.

Arcelor Mittal key pro forma financials for the first nine months of 2006 show combined revenues of USD 65.4 billions,
with approximate production capacity of 130 million tonnes a year, representing around 10 per cent of world steel

Arcelor Mittal is currently listed under the legal entity Mittal Steel NV 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 (MTS) and Valencia

Contact information Arcelor Mittal Communications
Phone: +352 4792 5000

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