ArcelorMittal Share Buyback Program: Status Report as of September 24



    Regulatory News:

    ArcelorMittal, under the new share buy-back program as announced
    on 13 September 2007, hereby announces that it has repurchased
    4,175,000 shares from 13 September until 19 September 2007.

    The shares were repurchased at an average price of EUR 48.6465 and
    for a total amount of EUR 203,099,040.00.

    For more information on the share buy-back program see the
    Corporate Governance section under Investors & Shareholders on the
    ArcelorMittal website at www.arcelormittal.com.

    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.