Shareholders Approve All Resolutions on the Agenda of Mittal Steel Company's Annual General Meeting

Regulatory News: Shareholders present at the annual general meeting of shareholders of Mittal Steel Company N.V. ("ArcelorMittal”, or the "Company") that was held today in Amsterdam approved all resolutions on the agenda. The Board of Directors reported to the shareholders on the course of the Company's business and the conduct of its affairs during the fiscal year ended December 31, 2006, as well as on the annual accounts of the Company for that period. Addressing shareholders at the meeting, Mr. Lakshmi N. Mittal, Chairman and CEO, said: "I am very pleased to chair this shareholder meeting, the first attended by both former shareholders of Arcelor and shareholders of Mittal Steel. Since last year’s merger, integration of our two companies has gone forward at a fast pace and operational results have surpassed our expectations. ArcelorMittal is today not only leading the metals and mining industry, but it also sports a unique profile and potential of sustainable value creation and growth.” Mr. Mittal invited the shareholders to attend the Company’s next Extraordinary Meeting of Shareholders, scheduled to be held later this year to approve the next step in the proposed merger of Mittal Steel Company N.V. into ArcelorMittal S.A. 904,793,958 shares, or 65.0% of the Company’s share capital, were present or represented at the meeting. All the resolutions on the agenda were adopted by the shareholders, with an average approval rate, expressed as the percentage of votes cast by shareholders, of 99.4%, excepting the resolution on the appointment of Mr. Mittal as CEO which was done without the controlling shareholder voting (see below): - Proposal to adopt the annual accounts for fiscal year ended December 31, 2006 ("fiscal 2006”). - Proposal to continue to pay a quarterly dividend of US$ 0.325 per share, subject to final determination by the Board of Directors. - Proposal to approve the management performed by the Directors "A” of the Board of Directors during fiscal 2006, including discharge of the Directors "A” of the Board of Directors from liability in respect of the exercise of their duties during fiscal 2006. - Proposal to approve the supervision performed by the Directors "C” of the Board of Directors during fiscal 2006, including discharge of the Directors "C” of the Board of Directors from liability in respect of the exercise of their duties during fiscal 2006. - Proposal to ratify the decision of the Board of Directors to appoint Mr. Lakshmi N. Mittal as Chief Executive Officer of the Company as of 5 November 2006. As announced in November 2006 when Mr. Mittal was appointed, the Mittal family abstained during the vote on this resolution, which was approved by 98.2% of the votes cast by the other shareholders. - Proposal to designate Mrs. Usha Mittal as the person referred to in Article 23 of the Articles of Association of the Company. This resolution was approved by 97.0% of votes cast by shareholders. - Proposal to re-appoint Deloitte Accountants as the registered accountant of the Company. - Proposal to change the remuneration of the Directors "C" of the Board of Directors. - Proposal to designate the Board of Directors as authorized corporate body (orgaan) to repurchase Class A shares in the capital of the Company until 12 December 2008. - Proposal to extend the authority of the Board of Directors for a period of one (1) year (until the Annual Meeting to be held in 2008) to issue and/or grant rights to subscribe for shares with respect to ten percent (10%) of the unissued Class A shares in which the authorized share capital is divided into at the time the resolution to issue and/or grant rights to subscribe for shares will be taken by the Board of Directors. - Proposal to extend the authority of the Board of Directors for a period of one (1) year (until the Annual Meeting to be held in 2008) to limit or exclude the pre-emptive rights to Class A shares in the capital of the Company. About ArcelorMittal ArcelorMittal is the world's number one steel company, with 320,000 employees in more than 60 countries. The company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel. ArcelorMittal is the leader in all major global 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. An industrial presence in 27 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets. ArcelorMittal key pro forma financials for 2006 show combined revenues of USD 88.6 billions, with a crude steel production of 118 million tonnes, representing around 10 per cent of world steel output. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid (MTS) and Valencia.