Dofasco Inc. has announced that at a meeting of the company’s Board of Directors, directors unanimously approved deferring the separation of the Rights under the terms of Dofasco’s Shareholder Rights Protection Plan, in respect of the Arcelor Offer for Dofasco’s common shares announced 23 December 2005. Accordingly, the separation time under the Plan has been postponed with respect to the Arcelor offer until the close of business on 28 February 2006. Dofasco also announced that the Board of Directors unanimously recommends that Dofasco shareholders accept the revised ThyssenKrupp offer of 3 January 2006, at an offer price of CDN 63 per common share, and tender their shares to the offer prior to the expiry date of 25 January 2006.
