Arcelor S.A.
Paris : LOR:FP

June 13, 2006 02:04 ET

Arcelor issues an information document relating to the Arcelor-Severstal merger

LUXEMBOURG--(CCNMatthews - June 12, 2006) - Arcelor issues an information document relating to the Arcelor-Severstal merger

Luxembourg, June 13th, 2006 - Arcelor informs its shareholders that it has published an information document relating to the Arcelor-Severstal merger on the Group's website www.arcelor.com (under Investor Relations/News).

In order to ensure that shareholders express a fully-informed opinion on this proposed merger, the document published by Arcelor describes the following:

- the terms of the planned merger between Arcelor and Severstal, announced on May 26th, 2006,

- the joint industrial project of Arcelor and Severstal,

- a description of Severstal's assets,

- elements used for the valuation of Severstal and, in particular, its mining assets,

- comparative data on the Arcelor-Severstal merger and the Arcelor-Mittal Steel combination

This document is an integral part of the information campaign that Arcelor intends to launch in order to ensure that its shareholders are fully informed on the merits of the Arcelor-Severstal merger.

In addition, Severstal is preparing an information memorandum that will provide a detailed description of the assets that will be contributed to Arcelor in the Arcelor-Severstal merger, which will be made available to Arcleor shareholders when ready.

About Arcelor

Arcelor is the number one steel company in the world with a turnover of 32.6 billion euros in 2005. The company holds leadership positions in its main markets: automotive, construction, household appliances and packaging as well as general industry. The company - number one steel producer in Europe and Latin America - ambitions to further expand internationally in order to capture the growth potential of developing economies and offer technologically advanced steel solutions to its global customers. In 2006, Arcelor employs 110,000 associates in over 60 countries. The company places its commitment to sustainable development at the heart of its strategy and ambitions to be a benchmark for economic performance, labour relations and social responsibility.For more information visit www.arcelor.com

The full press release is available on http://www.companynewsgroup.com

This information is provided by CompanynewsGroup


Contact Information

  • Investor Relations
    E-mail: investor.relations@arcelor.com
    Martine Hue:
    +352 4792 2151
    00 800 4792 4792 (toll free from the EU and Switzerland)
    France +33 1 71 92 00 90
    or
    Brasil Christiano Woelffel:
    +55 31 3219 1245
    or
    Arcelor S.A. - Registered office:
    19, avenue de la Liberte L-2930 Luxembourg