Jeannot Krecké to be appointed* to ArcelorMittal's Board of Directors

ArcelorMittal today announces that Georges Schmit will step down from his position as a member of the Board of Directors on 31 December, due to his appointment as Consul General of Luxembourg based in San Francisco.
In replacement of Mr. Schmit, the Board has co-opted Jeannot Krecké as an interim board member starting 1 January 2010. Mr Krecke's full appointment to the Board will be proposed to shareholders at the Company's Annual General Meeting scheduled 11 May 2010.

Like Mr Schmit, Mr. Krecké, who is Luxembourg's Minister of the Economy and Foreign Trade, will serve on ArcelorMittal's Board as a shareholder representative.

Lakshmi N. Mittal, Chairman and CEO of ArcelorMittal, commented: "Georges Schmit has been a great contributor to the Board. On behalf of all the Board of Directors, I would like thank him for his dedication and hard work, particularly during the challenges of the past year." He added: "We are very pleased to welcome Minister Jeannot Krecké. He will be a valuable addition due to his extensive knowledge of the steel industry and of ArcelorMittal".

Georges Schmit said: "It has been a privilege to sit on the Board of Luxembourg's largest company. I will continue to watch ArcelorMittal's progress with great interest and pride and wish the company all the best for the future."

Jeannot Krecké commented: "ArcelorMittal is a very important company to Luxembourg. The steel industry has always played a central role in our country's economy and we are all very proud that the world's largest steel company is based here. Being a Board Member is an important responsibility and one which I will undertake with great commitment and interest."

*On an interim mandate commencing 1 January 2010. Mr. Krecké's full appointment to the Board will be proposed to shareholders at the Company's Annual General meeting scheduled 11 May 2010.

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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