PPF Investments’ statement

Jan 22, 2008

Subsequently to the award of the Arbitration Court of the Chamber of Commerce and the Agrarian Chamber of the Czech Republic, PPF Investments is declaring that it has and intends to exercise the option for the purchase of 1,719,881 shares of ArcelorMittal Ostrava a.s..

PPF Investments is an independent international private equity group registered in Jersey. It focuses on the transitional period economies in the Central and Eastern European and Asian regions. PPF Investments’ investment strategy is based on the following targets: sound business and corporate strategy, considerate management and optimal capital structure. PPF Investments has the right for the commercial use of the ‘PPF’registered brand contained in the name of PPF Group, a leading international financial group. However, PPF Investments is not interchangeable with PPF Group, as these two mutually independent companies differ in their assets, management, shareholders and business focus.
  

For more information please contact:

E-mail: info@ppfinvestments.com

Contact person:

Jan Piskáček, press spokesman for PPF Investments

jan.piskacek@ppfinvestments.com