ArcelorMittal: Declaration of Dividend.LUXEMBOURG & ROTTERDAM, Netherlands -- Regulatory News: ArcelorMittal (Mittal Steel Company Mittal Steel Company N.V. (Euronext: MT, NYSE: MT) was the world's largest steel producer by volume, and also the largest in turnover. Company is now part of Arcelor Mittal. CEO Lakshmi Mittal's family owned 88% of the company. N.V.) has declared a dividend of US$ 0.325 per share payable on 17 September 2007. The cash dividend will be payable on 17 September 2007 to Euronext Amsterdam, Euronext Brussels, Euronext Paris, Luxembourg Stock Exchange The Luxembourg Stock Exchange (French: Bourse de Luxembourg) is a stock exchange based in Luxembourg City, in southern Luxembourg. and Spanish Exchanges shareholders of record on 4 September 2007 ("European Shareholders") and to NYSE NYSE See: New York Stock Exchange shareholders of record on 5 September 2007. The share will be trade ex-dividend starting 31 August 2007. European Shareholders will receive US$ 0.325 per share in Euros, based on the ECB See electronic code book. US$/Euro exchange rate of 30 August 2007, and NYSE shareholders will receive US$ 0.325 per share, both payable from 17 September 2007 onwards. Since Mittal Steel Company N.V. is expected to merge into ArcelorMittal S.A., a Luxembourg company ("first step merger"), on 3 September 2007, subject to effectiveness of this merger, the cash dividend will be paid by ArcelorMittal S.A., the legal successor of Mittal Steel Company N.V. In the first step merger, a shareholder of Mittal Steel Company N.V. will receive one ArcelorMittal S.A. share for each Mittal Steel Company N.V share and the amount of this cash dividend per share will not change as a result of this merger. The record date 4 September 2007 for European Shareholders, the record date 5 September 2007 for NYSE shareholders and the date on which the share will start trading ex-dividend (31 August 2007) will not change as a result of this merger. Assuming effectiveness of the first step merger, the payment will be subject to a 15% Luxembourg dividend withholding tax The amount legally deducted from an employee's wages or salary by the employer, who uses it to prepay the charges imposed by the government on the employee's yearly earnings. , since the payment will be made by ArcelorMittal S.A., a Luxembourg company. The cash dividend will be payable from 17 September 2007 onwards by the paying agents listed below: [TABLE OMITTED] 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 USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 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 (1) (Message Transfer Part) See SS7. (2) (Media Transfer Protocol) A Microsoft enhancement to the picture transfer protocol (PTP), starting with Windows Media Player 10 in Windows XP. ), Brussels (MTBL MTBL Mean Time Between Data Loss ), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid (MTS (1) See Microsoft Transaction Server. (2) (Modular TV System) The stereo channel added to the NTSC standard, which includes the SAP audio channel for special use. 1. MTS - Message Transport System. 2. ) and Valencia. |
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