ArcelorMittal (referred to as “ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s leading steel company, today announces results for the three and six month periods ended June 30, 2008.

H108 highlights:
- Sales of $67.6 billion, up 31% compared with H107
- EBITDA(1) of $13.1 billion, up 35% compared with H107
- Net Income of $8.2 billion, up 65% as compared with H107
- Capital expenditure of $2.3 billion in H108

Q208 highlights:
- Sales of $37.8 billion, up 39% compared with Q207
- EBITDA of $8.0 billion, up 51% compared with Q207
- Net Income of $5.8 billion, up 114% as compared with Q207
- Capital expenditure of $1.4 billion in Q208

Recent Key Announcements
- Groundbreaking global health and safety agreement signed with labour unions to further improve Occupational Health & Safety
- Agreements signed to acquire Mid Vol Coal Group and Concept Group (2 metallurgical coal companies located in West Virginia, USA)
- Allocated mining lease for the Karampada iron-ore deposit in Jharkhand, India
- Acquisition of Bayou Steel (manufacture of structural steel in Louisiana, USA)
- Launch of new clean technology venture capital fund Guidance for Q308
- Q308 EBITDA guidance to exceed $8.5 billion

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