ArcelorMittal (Seite 397)

[mickefett]

Antwort auf Beitrag Nr.: 32.421.732 von mickefett am 14.11.07 12:29:52

ArcelorMittal share buyback program: status report as of January 16

Luxembourg, 18 January 2008 - ArcelorMittal, under the new share buy-back program as announced on 13 September and on 12 December 2007, hereby announces that it has repurchased 1,007,333 shares from 10 January until 16 January 2008.

The shares were repurchased at an average price of EUR 48.23355 and for a total amount of EUR 44,864,124.70.

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.

[mickefett]

ArcelorMittal inaugurates Arceo, an innovative vacuum plasma coating line

Luxembourg/Liège, 24 January 2008 – Today, world steel leader ArcelorMittal inaugurates Arceo, its industrial prototype for a vacuum plasma steel coating line located in Liège, Belgium. This breakthrough technology, developed as a world first by the Group’s Research and Development in partnership with the Walloon Region, will open up a host of new uses for flat steel products. With this process steel can be a sensor, a reflector, a source of light, an anti-bacterial or self-cleaning surface, or just simply more aesthetic or endowned with better anti-corrosive properties. This process is one of ArcelorMittal’s promising development projects and will contribute to renewing and expanding its product range.

The vacuum plasma process is respectful of the environment. It does not use solvents or chemical preparations; neither does it generate effluents or gases that require treatment. Furthermore, it enables the production of environmentally friendly products that allow for sustainable development.

After successfully developing the first investment phase, Christophe Cornier, EVP Flat Carbon Western Europe, announced the launch of a second phase specifically devoted to increasing the anti-corrosive properties of steel.

Christophe Cornier commented: “ArcelorMittal can be proud of its faith in this project. Developments so far have proved that the process is robust and respectful of the environment. Several tests are currently being carried out for clients interested in the process. With Arceo, ArcelorMittal will transform the future of steel, opening up new horizons for it.”

Greg Ludkovsky, VP Research and Development, added : “We are very happy to see that this project initiated within our reseach centers is becoming an industrial success.”

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 billion, 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 and Valencia (MTS).

[mickefett]

Antwort auf Beitrag Nr.: 32.421.732 von mickefett am 14.11.07 12:29:52

Dividend Payment Schedule

In 2008 the payment of quarterly dividends will occur according to the following schedule.

A gross dividend of 1.50 USD per share (paid on a quarterly basis) will be submitted to shareholder approval at the next Annual General Meeting of May 13, 2008. Quarterly payments of 0.375 USD per share will occur on March 17, June 16, September 15 and December 15.

Dividends are announced in USD and paid in USD for shares listed on the NY stock exchange and paid in Euros for shares listed on the European stock exchanges (Netherlands, France, Spain, Luxembourg and Belgium). Dividends to be paid in Euros are converted from USD to Euros based on the ECB exchange rate mentioned in the table below.

A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

The paying agents per listing countries will be announced before the quarterly payment dates.


1st Quarter 2008* (interim dividend) USA, Netherlands, France, Spain, Luxembourg, Belgium
Gross dividend per share 0.375 USD
Ex-Dividend March 3rd
Record Date March 5th
Payment Date March 17th

[mickefett]

Luxembourg, November 14, 2007 – ArcelorMittal1 (referred to as “ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s largest and most global steel company, today announced results for the three and nine-month periods ended September 30, 2007.

Highlights:

Record third quarter results – in line with guidance

* EBITDA2 of $4.9 billion, up 12% year-on-year
* Net income of $3.0 billion – up 36% year-on-year
* Strong cash flow from operations of $4.1 billion for the quarter
* First nine months 2007 EBITDA of $14.6 billion, up 30% year-on-year

Growth strategy advancing

* 20mt of organic growth identified by 2012
* Transactions announced in Argentina, Canada, China, Italy and Turkey

Guidance

* Q407 EBITDA guidance of $4.6-$4.8 billion, versus $4.1 billion in Q406
* On track to deliver full year EBITDA of $19.2-$19.4 billion compared with pro forma 2006 full year EBITDA of $15.3 billion

New base dividend announced



Commenting, Lakshmi N. Mittal, President and CEO, ArcelorMittal, said:

“We are pleased to report another strong set of numbers for the third quarter, with EBITDA at $4.9 billion. This takes EBITDA for the first nine months of the year to $14.6 billion, 30% higher than in 2006. We are on track to deliver a record year for the Company.

The Company is making good progress with its three-dimensional growth strategy. We have announced a number of important strategic transactions in the quarter in Argentina, Canada, China, Italy and Turkey to further strengthen our market-leading position. We have also identified 20mt of organic growth by 2012, taking advantage of strong growth dynamics in developing markets.

We are very pleased with the overall progress of the Company.”

1 ArcelorMittal is the name of the entity resulting from the merger of (former) ArcelorMittal into Arcelor on November 13, 2007. The accounts presented herein are those of the (former) ArcelorMittal which merged into Arcelor.
2 EBITDA is defined as operating income plus depreciation.

Financial highlights (on the basis of IFRS, amounts in US$ and Euros3):

(In millions of U.S. dollars except earnings per share and shipments data)
Results US Dollars
Q3 2007
Actual Q2 2007
Actual Q3 2006
Pro forma 9M 2007
Actual 9M 2006
Pro forma
Shipments (Million MT)4 26.0 28.7 26.9 81.7 83.8
Sales 25,524 27,223 22,069 77,223 65,373
EBITDA 4,881 5,326 4,354 14,553 11,154
Operating income 3,853 4,232 3,444 11,540 8,581
Net income 2,960 2,723 2,182 7,933 5,602
Basic earnings per share $2.10 $1.97 $1.58 $5.70 $4.05

(In millions of Euros except earnings per share and shipments data)
Results Euros
Q3 2007
Actual Q2 2007
Actual Q3 2006
Pro forma 9M 2007
Actual 9M 2006
Pro forma
Shipments (Million MT)4 26.0 28.7 26.9 81.7 83.8
Sales 18,579 20,194 17,312 57,445 52,517
EBITDA 3,553 3,951 3,415 10,826 8,960
Operating income 2,805 3,139 2,702 8,584 6,893
Net income 2,155 2,020 1,712 5,901 4,500
Basic earnings per share €1.53 €1.46 €1.24 €4.24 €3.25



Base Dividend Increased by 20 cents to US$1.50

With full year EBITDA expected at $19.2-$19.4 billion, the Board of Directors has recommended to increase the Company’s base dividend by 20 cents from US$1.30 to US$1.50. Of this 20 cents, 10 cents will reflect the underlying growth of the Company and 10 cents the sustainable improvement of the Company’s profitability resulting from the merger.

As a consequence, the Board of Directors will submit to a shareholders vote, at the next annual general meeting, the proposal to increase the quarterly dividend payment from $0.325 to $0.375. The dividend payments will occur on a quarterly basis for the full year 2008. Consequently, the new quarterly dividend payments would take place on March 17, 2008, June 16, 2008, September 15, 2008 and December 15, 2008, taking into account that the first quarter dividend payment to be paid on March 17, 2008 shall be an interim dividend.

Final payment of current year dividend of $0.325 per share will be payable on December 17, 2007.

ArcelorMittal distribution policy is based on its commitment of returning 30% of net income to shareholders every year through an annual base dividend, supplemented by additional share buy-backs. The base dividend has been designed to ensure a stable annual return and to increase in order to reflect the underlying growth of the Company.

3. U.S. dollars have been translated into Euros using an average exchange rate (US$/Euro) of 1.3738, 1.3481, 1.2748, 1.3443 and 1.2448 for Q3 2007, Q2 2007, Q3 2006, 9M 2007 and 9M 2006, respectively.
4. Some inter-company shipments are not eliminated.
Inter-company transactions have been eliminated in consolidation. The financial information in this press release and Appendix 1 has been prepared in accordance with International Financial Reporting Standards as endorsed by the European Union (“IFRS”). While the financial information included in this announcement has been prepared in accordance with IFRS applicable to interim periods, this announcement does not contain sufficient information to constitute an interim financial report as defined in International Auditing Standards 34, “Interim Financial Reporting”. Unless otherwise noted the numbers in this press release have not been audited.



Third quarter 2007 News Conference (for Media)

ArcelorMittal management will host a news conference:

Date: Wednesday, November 14, 2007
Time: 5.30 am New York Time / 10.30 am Greenwich Mean Time / 11.30 am Central European Time

The dial in number:

* International number: [phone]
* UK: 0207 0705 579
* USA:[phone]

Replay Numbers:

* International number: [phone]
* UK: 0208 196 1998
* USA: [phone]

Access Code for each language on the replay:

* English 069434 #
* Spanish 181439 #
* French 414790 #

The news conference will be available via a live video webcast on www.arcelormittal.com.