ArcelorMittal management changes

publication date: May 14, 2008

The new members of the Management Committee are Robrecht Himpe (CEO Flat Europe) and Arnaud Poupart-Lafarge ( Africa and CIS).

Two of the current members of the Management Committee, André van den Bossche, in charge of Global Trade Policy, Steel Contact Groups, Mandates and Associations, and Narendra Chaudhary, CEO Africa and CIS, will be retiring in due course. Mr Van den Bossche will continue to serve as a consultant to the CEO. Mr Chaudhary’s responsibilities will be assumed by Mr Poupart Lafarge upon his retirement.

Vijay Bhatnagar remains a member of the Management Committee and will be taking up his new responsibilities as CEO of India.

ArcelorMittal’s new Management Committee structure is as follows:

    * Bhikam Agarwal: Executive Vice President, Head of Finance
    * Vijay Bhatnagar: Executive Vice President, CEO India
    * José Armando Campos: Executive Vice President, CEO Flat South America
    * Narendra Chaudhary: Executive Vice President, CEO Africa and CIS
    * Philippe Darmayan: Executive Vice President, CEO ArcelorMittal Steel Solutions and Services
    * Bernard Fontana: Executive Vice President, Head of Human Resources
    * Jean-Yves Gilet: Executive Vice President, CEO Stainless
    * Pierre Gugliermina: Executive Vice President, Chief Technology Officer (CTO)
    * Robrecht Himpe: Executive Vice President, CEO Flat Europe
    * Carlo Panunzi: Executive Vice President, CEO Long Americas
    * Michael Pfitzner: Executive Vice President, Head of Marketing and Commercial Coordination
    * Arnaud Poupart-Lafarge: Executive Vice President, Africa and CIS
    * Gerhard Renz: Executive Vice President, CEO Long Europe (including Annaba, Bosnia, Ostrava and Sonasid)
    * Mike Rippey: Executive Vice President, CEO USA
    * Lou Schorsch: Executive Vice President, CEO Flat Americas
    * Bill Scotting: Executive Vice President, Head of Strategy

Lakshmi Mittal, CEO of ArcelorMittal, commented:

“I believe that we have a first class management team in place. I have every confidence that with this new structure, and with the collective talents of the individuals appointed to these roles, we are truly building a company built to last”.