ArcelorMittal (“ArcelorMittal”) today announced the results of its cash tender offer that had been launched on February 23, 2012 (the “Offer”) to purchase any and all of its 5.375% Notes due June 1, 2013 (CUSIP 03938L AC8 / ISIN US03938LAC81 (Registered); CUSIP 03938LAA2 / ISIN US03938LAA26 (Rule 144A); CUSIP L0302DAM5 / ISIN USL0302DAM58 (Reg. S)) (the “Notes”).

ArcelorMittal accepted for purchase US$298,608,000 principal amount of Notes for a total aggregate purchase price ( including accrued interest) of US$313,823,079.

Upon settlement for all of the Notes accepted pursuant to the Offer, the remaining outstanding principal amount of Notes will be US$1,201,392,000.

The Offer expired at 5:00 p.m. New York City time on March 1, 2012. Notes purchased pursuant to the Offer have been or, as the case may be, will be paid for in same-day funds on the third business day following the date of tender, or as soon thereafter as practicable.

All Notes purchased pursuant to the Offer will be immediately cancelled and will not be re-issued.

Questions regarding the Offer may be directed to the information agent for the Offer, D.F. King & Co., Inc. toll free at 1 (800) 967-7921 or collect at 1 (212) 269-5550.

RESTRICTIONS

This announcement does not constitute an offer to buy or the solicitation of an offer to sell securities mentioned herein in the United States or in any other jurisdiction. The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

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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