Juergen Schachler to Succeed Jacques Chabanier as CEO, Dofasco Inc.

    HAMILTON, ON, April 23 /CNW/ - Lou Schorsch, Executive Vice President
Arcelor Mittal and CEO Flat Americas, is pleased to announce the appointment
of Juergen Schachler to President and CEO, Dofasco Inc., effective May 1,
    Mr. Schachler will succeed Jacques Chabanier, who previously announced
his intention to retire from his current responsibilities, pending the
appointment of his successor. Mr. Chabanier has agreed to support Mr.
Schachler in an advisory capacity until May 31, to support the transition.
    Mr. Schachler is currently CEO of Arcelor Mittal Eisenhuettenstadt,
Germany, and will also remain in that role until the nomination of his
replacement by the Supervisory Board of Arcelor Eisenhuettenstadt.
    Mr. Schorsch commented, "Dofasco is the leader in the Canadian steel
market as well as a critical component in Arcelor Mittal's growth strategy in
the Americas. Dofasco has a well-earned reputation in critical value-added
markets, such as automotive; and I am very excited about the experience Mr.
Schachler brings to help us build on this strong market position."
    He added, "I also want to recognize Jacques Chabanier's strong leadership
throughout Dofasco's transition and integration with Arcelor Mittal. Despite
his relatively short tenure at the helm of Dofasco, Jacques has had real
impact on its performance and prospects."

    Dofasco is a leading North American steel solutions provider. Product
lines include hot rolled, cold rolled, galvanized, Extragal(TM), Galvalume(TM)
and tinplate flat rolled steels, as well as tubular products. Dofasco's wide
range of steel products is sold to customers in the automotive, construction,
energy, manufacturing, pipe and tube, appliance, packaging and steel
distribution industries.

For further information:

For further information: Dofasco Inc. - Gordon Forstner - (905) 548-7200
ext. 2200, Arcelor Mittal Corporate Communications - Luc Scheer - 352 4792
2360, Arcelor Mittal Americas - Bill Steers - (312) 899-3817

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