Mittal Steel Denies Press Reports Regarding Talks With Bayi Steel

ROTTERDAM, The Netherlands, January 23  /PRNewswire-FirstCall/ -- Mittal Steel Company (NYSE and Euronext Amsterdam: MT) would like to make it clear that there is no truth to the recent news reports published stating that the company is currently in talks with Bayi Iron & Steel Company Limited.

About Mittal Steel

Mittal Steel is the world's largest and most global steel company. The company has operations in sixteen countries, on four continents. Mittal Steel encompasses all aspects of modern steelmaking, to produce a comprehensive portfolio of both flat and long steel products to meet a wide range of customer needs. It serves all the major steel consuming sectors, including automotive, appliance, machinery and construction.

For 2004, Mittal Steel had revenues of US$22.2 billion and steel shipments of 42.1 million tons. The Company trades on the New York Stock Exchange and Euronext Amsterdam under the ticker symbol "MT". 

DATASOURCE: Mittal Steel Company N.V.



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