Signing of Ispat GSA: Press Release and Revised Q&As

The attached press release was released in India at 6:30 p.m. today India
time (7:00 a.m. CST) following the signing of the GSA with Ispat.

Joe Sutton signed the GSA for us in the presence of senior Indian and US
government officials including Commerce Secretary William Daley. The
Shareholders agreement was signed earlier in the day by Bobby Farris.
Negotiations re the PPA will resume next week.

The press release has been included in its entirety as an attachment by
Bloomberg while Reuters and Dow Jones have both carried brief reports on the
Ispat deal.

Thanks,

Johan