Company Profile For ArcelorMittal SA

ArcelorMittal is a global steel producer. The Company has steel-making operations in 20 countries on four continents, including 66 integrated, mini-mill and integrated mini-mill steel-making facilities. ArcelorMittal operates its business in six operating segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS); Stainless Steel; and Arcelor Mittal Steel Solutions and Services. ArcelorMittal’s steel-making operations have a high degree of geographic diversification. Approximately 36% of its steel is produced in the Americas, approximately 49% is produced in Europe and approximately 15% is produced in other countries, such as Kazakhstan, South Africa and Ukraine. ArcelorMittal produces a range of finished, semi-finished carbon steel products and stainless steel products. In July 2009, the Company completed the acquisition of Noble European Holdings B.V.

BRIEF: For the nine months ended 30 September 2009, ArcelorMittal's revenue decreased 55% to $46.47B. Net loss for the period totaled $952M, vs. a net profit of $12.03B. Total revenue reflects lower demand for steel products as a result of the global economic crisis. Net loss for the period reflects a loss from share of associates and the presence of a loss from convertibles as well as a higher loss from net interest expense.