Arcelor SA has announced that it has received the approval of the Canadian regulatory authorities with respect to its offer to acquire all of the outstanding common shares of Dofasco Inc. Arcelor has now received all regulatory approvals in the various jurisdictions in which such approvals were required. If all conditions of the offer, including the minimum tender condition, are satisfied, Arcelor will be in a position to proceed with the acquisition of the Dofasco common shares tendered to its offer at a price of CDN 71.00 per share as soon as practicable following the expiration of its offer, which, as previously announced, has been extended to 20 February, 2006.
