Mittal Steel has announced that, while the global centralizing agent for the offer is still in the process of verifying and counting the Arcelor securities tendered in the Offer, it has determined that, on a preliminary basis and based on statements made by financial intermediaries, the minimum tender condition of the offer ie 50% of Arcelor outstanding shares on a fully diluted basis as set forth in the Offer prospectus, as supplemented has been met. It said that the global centralizing agent for the Offer will continue the process of verifying the tender information centralized from all the jurisdictions where the offer has been made ie, Belgium, France, Luxembourg, Spain and the US, further counting the tendered Arcelor securities and completing the pro-ration procedure among each of the secondary cash and exchange offers described in the Offer prospectus, as supplemented, in order to calculate the aggregate final results of the offer, broken down by type of offer. The final results of the offer will be published on 26 July, 2006.
