ArcelorMittal ("The Company" or "the Issuer") completed the pricing of two series of EUR denominated notes for an aggregate principal amount of EUR 2,500,000,000 consisting of EUR 1,500,000,000 principal amount of its 8.250 % Notes due 2013 and EUR 1,000,000,000 principal amount of its 9.375 % Notes due 2016.

The proceeds to ArcelorMittal (before expenses), amounting to approximately EUR 2.5 billion, will be used to lengthen the debt maturity profile and to refinance existing indebtedness.

The offering is scheduled to close on 3 June 2009, subject to satisfaction of customary conditions.

About ArcelorMittal

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2023 generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel and, 42.0 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. 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 the 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. 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).
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