ArcelorMittal Announce Reorganisational Changes

ArcelorMittal, the world's leading steel company, today announces senior organisational changes. Mr Roland Junck, a member of the Group Management Board (GMB), has retired from this executive role effective July 31st. He will retain a link with the company through his new position as a Board Member of Arcelor China Holding S. a. r. l., a subsidiary company of ArcelorMittal. In the capacity of his position on the GMB, Mr Junck had particular responsibility for integration, which is now successfully operationally complete, ahead of schedule. He also acted as a special advisor on integration to ArcelorMittal CEO, Lakshmi Mittal. Mr Junck's responsibilities will be assumed by the other GMB members.*

ArcelorMittal is also announcing today a number of other key senior executive appointments, including two Executive Vice Presidents who will sit on the Company's Management Committee. Mr Pierre Gugliermina has been appointed Executive Vice President and Chief Technology Officer, with responsibility for Health & Safety, operational excellence and the environment. Mr Vijay Bhatnagar becomes EVP, CEO Flat Eastern Europe.

The Company also announces that Mr Bill Scotting, previously EVP and Head of Performance Enhancement will become EVP, Head of Strategy. As previoulsy announced, Mr Bernard Fontana, previously EVP, Automotive, will become EVP, Head of Human Resources. Mr Greg Ludkovsky will become VP Products Development and Research and Development. Mr Jean-Luc Maurange will become VP Global Customers & Automotive. Mr Rémi Boyer will become VP CSR in addition to his role of Secretary General of the GMB.

Speaking today, Lakshmi Mittal, President and CEO of ArcelorMittal, said:

"I would like to take this opportunity to thank Roland for the considerable role he has played in helping effect such a successful integration. During this period he has overseen the corporate functions including Human Resources, critical to any merger. His leadership in this area has certainly played an important part in successfully establishing a united culture at ArcelorMittal. Roland has a deep and impressive knowledge of the steel industry, which I am delighted we will continue to benefit from as he will continue his relationship with the company as a member of the Board of our China operations. I, and my colleagues on the GMB, as well as all the employees of ArcelorMittal, thank him for his support and wish him the best for the future."

Roland Junck commented:

"Since the merger, I have devoted myself to the project of integration and am very pleased with the achievements the company has made to transform itself into one industry leading entity. Alongside Mr Mittal and my colleagues on the GMB, we have all worked very hard to ensure that the new company set off on the right foot and captured its considerable potential at the critical early stages. But now the integration is operationally complete, I would like to take the opportunity to pursue other challenges, both personally and professionally. I will still retain an active interest in the company through my directorship of Arcelor China and look forward to watching ArcelorMittal continue to go from strength to strength."

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