The Extraordinary General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda including the primary one, the spin-off of ArcelorMittal's stainless and specialty steels business into Aperam, a newly created company.

963,117.270 shares, or 61,7 % of the Company's share capital, were present or represented at the meeting. The primary resolution on the meeting's agenda was adopted by the shareholders by an overwhelming majority. Full technical and commercial details relating to the spin-off of ArcelorMittal's stainless and specialty steels business into Aperam are available on ArcelorMittal's website www.arcelormittal.com under "Investors and Shareholders – Extraordinary General Meeting 25 January 2011".

In order for ArcelorMittal shareholders to receive Aperam shares as a result of the spin-off approved at today's extraordinary general meeting, shareholders must hold ArcelorMittal shares on the record date, January 28, 2011.

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while iron ore production reached 57.1 million metric tonnes. Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

http://corporate.arcelormittal.com/
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