SOURCE: Arcelor SA

January 27, 2006 11:16 ET

Arcelor SA announces hostile bid launched by Mittal

Luxembourg -- (MARKET WIRE) -- January 27, 2006 --


                       Press release



            Arcelor position on hostile bid launched by Mittal Steel

Luxembourg, January 27, 2006 - Arcelor has taken note of the hostile takeover bid launched by Mittal Steel on Arcelor shares with the goal to acquire a controlling stake in the company.

Arcelor underlines the hostile character of this move that takes place without prior discussions or consultations between both companies.

Arcelor's board of directors will meet shortly to take position on this offer.


Communications                        Relations avec les investisseurs
Tel. : +352 4792 5000                 Courriel : investor.relations@arcelor.com
Courriel : press@arcelor.com          Martine Hue : +352 4792 2151
                                      00 800 4792 4792 (sans frais, a partir de 
Patrick Seyler : +352 4792 2360       l'UE et de la Suisse)
                                      +33 1 41 25 9898
Luc Scheer : +352 4792 4455           
Jean Lasar : +352 4792 2359

(Espagne)
Ignacio Agreda : +34 94 489 4162
Oscar Fleites : +34 98 512 60 29

(France)
Sandra Luneau +33 1 41 25 65 04








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