shaping the future of steel aditya mittal president and chief financial officer 7 september 2005 2 disclaimer statements in this presentation that are not historical facts including regarding expectations concerning market growth development targets for s results operations cost savings from recently acquired companies preceded by believe expect anticipate target or similar expressions forward looking within meaning private securities litigation reform act 1995 actual may differ materially those implied such on account known unknown risks uncertainties without limitation 1 changes general economic political social conditions adverse regulatory 3 fluctuations currency exchange rates 4 cyclicality industry 5 increased competition 6 availability raw materials energy transportation ability to realize expected time frame 8 integrate 9 labor disputes 10 contained form 20 f other filings with commission undertakes no