HAMILTON, ON, Jan. 23 /CNW/ - Dofasco Inc. announced today that the company's Board of Directors unanimously agreed to terminate the support agreement between ThyssenKrupp AG and Dofasco pursuant to ThyssenKrupp's announcement that it has waived its right to match the offer of C$71 per common share made by Arcelor S.A. Under the support agreement between ThyssenKrupp and Dofasco, a break fee of C$215 million has become payable upon such termination. 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, laser-welded blanks and Zyplex(TM), a proprietary laminate. 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. This News Release contains forward-looking information with respect to Dofasco's operations and future financial results. Actual results may differ from expected results for a variety of reasons including the factors discussed in the Management's Discussion and Analysis section of Dofasco's 2004 Annual Report and the Quarterly Reports to Shareholders for the periods ended March 31, 2005, June 30, 2005 and September 30, 2005.