ArcelorMittal S.A.: ArcelorMittal announces publication of notice of redemption of its U.S. $1,400,000,000 4.500% Notes due February 25, 2017

ArcelorMittal S.A. / ArcelorMittal announces publication of notice of redemption of its U.S. $1,400,000,000 4.500% Notes due February 25, 2017 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Luxembourg, April 26, 2016

ArcelorMittal confirms that it has given notice  that it will redeem all of its outstanding US$1,400,000,000 4.500% Notes due February 25, 2017 (the "Notes") (CUSIP: 03938LAW4; ISIN: US03938LAW46; COMMON CODE: 063343285) on May 20, 2016 (the "Redemption Date") at a price (the "Redemption Price") equal to the greater of (1) 100% of the principal amount of the Notes to be redeemed and (2) the sum of the present values of the Remaining Scheduled Payments (as defined in the indenture dated as of May 20, 2009, between ArcelorMittal and HSBC Bank USA, National Association, as trustee (the "Indenture")) of the Notes to be redeemed, discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Indenture) plus 50 basis points, in each case plus accrued and unpaid interest thereon to the Redemption Date.

The Treasury Rate will be calculated on the third business day preceding the Redemption Date.

ArcelorMittal will fund the redemption of the Notes with the proceeds of its rights offering that closed on April 8, 2016.

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About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.

We are one of the world's five largest producers of iron ore and metallurgical coal and our mining business is an essential part of our growth strategy. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.

In 2015, ArcelorMittal had revenues of US$63.6 billion and crude steel production of 92.5 million tonnes, while own iron ore production reached 62.8 million tonnes.
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/)

Contact information ArcelorMittal Investor Relations
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Contact information ArcelorMittal Corporate Communications
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ArcelorMittal Corporate Communications
Sophie Evans (head of media relations) Paul Weigh	[phone] [phone]
France
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Sylvie Dumaine / Anne-Charlotte Creach	[phone]

ArcelorMittal announces publication of notice of redemption (http://hugin.info/154658/R/2006995/741691.pdf)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ArcelorMittal S.A. via Globenewswire

HUG#2006995

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ArcelorMittal S.A.
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