Arcelor Mittal Replaces Arcelor SA In The S&P European Indices

Standard & Poor’s will make the following changes in the S&P Europe 350, S&P Euro Plus and S&P Euro indices, effective after the close of trading on Monday 31 July 2006:

Arcelor Mittal (Netherlands, SEDOL: 5295254, GICS: Materials, GICS Code: 15104050) will replace Arcelor SA (Luxembourg, SEDOL: 7281875, GICS: Materials, GICS Code: 15104050) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices following the tender offer for Arcelor by Mittal Steel.

Arcelor Mittal is a global steel producer. The number of shares outstanding will be 1,378,492,000 and the Investable Weight Factor will be 0.5753. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Steel sub-industry.

Following is a summary of the announced addition and deletion:

S&P Europe 350, S&P Euro Plus and S&P Euro – close of trading 31st July 2006
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Arcelor Mittal	Materials	Steel
DELETED	Arcelor SA	Materials	Steel

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