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PR Newswire via NewsEdge Corporation :

CHICAGO, May 30 /PRNewswire-FirstCall/ — Mittal Steel USA has fullyrestored its steelmaking operations at the No. 3 basic oxygen shop at itsIndiana Harbor plant in East Chicago, Ind. Fully automated operation of bothfurnace vessels was achieved on May 28, one month after the fire that severelydamaged this facility.

“I would like to thank our customers for working with us to minimize theimpact of the fire,” said Louis L. Schorsch, president and chief executiveofficer.

“Through the outstanding efforts of our employees at Indiana Harbor — aswell as at other facilities that stepped up to help compensate for the loss inproduction capability — we have been able to restore full production muchmore effectively than originally expected. Our sister operations outside theUSA also pitched in, confirming the value of our being part of the world’sfirst truly global steel company.”

Although no one was hurt seriously, the No. 3 steel production shop wasidled April 28 when a ladle descended unexpectedly and dumped more than 200tons of molten iron to the shop floor.

Initial estimates were that the shop would lose 300,000 tons ofsteelmaking, but Schorsch said the rapid recovery and the coordination ofother operations throughout the company have trimmed the total loss to lessthan 200,000 tons.

“Due to the commitment and efforts of the entire Indiana Harbor team, wecommenced single-vessel operation on a manual basis on May 12,” Schorschcommented, “and commissioned the new control room on May 24. This certainlyexceeded our initial projections.”

As reported earlier, the company expects the damage and losses associatedwith business disruption to be covered by insurance.

A thorough investigation of the fire, by management and the UnitedSteelworkers, continues.

About Mittal Steel USA

Mittal Steel USA, with its affiliates, is the largest steel producer inNorth America and the largest integrated steel producer in the United States.It serves a broad U.S. manufacturing base. The company was formed in April2005 and consists of the former Ispat Inland Inc. and the former InternationalSteel Group. It has operations in 12 states of the United States.

About Mittal Steel

Mittal Steel Company (NYSE: MT; AEX: MT) is the world’s largest and mostglobal steel company. The company has operations in 16 countries, on fourcontinents. Mittal Steel encompasses all aspects of modern steelmaking, toproduce a comprehensive portfolio of both flat and long steel products to meeta wide range of customer needs. It serves all the major steel consumingsectors, including automotive, appliance, machinery and construction.

For 2005, Mittal Steel had revenues of US $28.1 billion and steelshipments of 49.2 million tons. The company trades on the New York StockExchange and the Euronext Amsterdam under the ticker symbol “MT.”

Forward-Looking Statements

This communication contains forward-looking information and statementsabout Mittal Steel Company N.V. and Mittal Steel USA Inc. Forward-lookingstatements are statements that are not historical facts. These statementsinclude financial projections and estimates and their underlying assumptions,statements regarding plans, objectives and expectations with respect to futureoperations, products and services, and statements regarding future events andperformance. Forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995 are generally identified by the words”believe,” “expect,” “anticipate,” “target” or similar expressions. AlthoughMittal Steel USA’s management believes that the expectations reflected in suchforward-looking statements are reasonable, investors and holders of MittalSteel USA’s securities are cautioned that forward-looking information andstatements are subject to various risks and uncertainties, many of which aredifficult to predict and generally beyond the control of Mittal Steel USA,that could cause actual results and developments to differ materially fromthose expressed in, or implied or projected by, the forward-lookinginformation and statements. These risks and uncertainties include thosediscussed or identified in the public filings with the SEC made or to be madeby Mittal Steel USA, including on Form 10-K. Mittal Steel USA undertakes noobligation to publicly update its forward-looking statements, whether as aresult of new information, future events, or otherwise.

SOURCE Mittal Steel USA

CONTACT: Media, David C. Allen, Mittal Steel USA, +1-312-899-3692; or Finance, Thomas A. McCue, Mittal Steel, +1-312-899-3927

<<PR Newswire — 05/31/06>>