ArcelorMittal announces the issuance of CHF 225 million Notes under its €6 billion EMTN Programme

Luxembourg, 3 July 2015 - ArcelorMittal ("ArcelorMittal" or "the Issuer") announces the issuance of CHF 225 million 2.50 per cent. Notes due 3 July 2020 (the "Notes").
The issuance closed today. The Notes were issued under ArcelorMittal's €6 billion wholesale Euro Medium Term Notes Programme, pursuant to a separate Swiss Prospectus.
The proceeds of the issuance will be used to repay or prepay existing indebtedness.

The Swiss Prospectus has been prepared in connection with the offering and listing of the Notes in Switzerland only. The Notes will not be admitted to trading on a regulated market in the European Economic Area and will be listed solely on the SIX Swiss Exchange.

The offering or purchase of the Notes may be subject to specific legal or regulatory restrictions in certain jurisdictions. ArcelorMittal takes no responsibility for any violation of any such restrictions by any person.

This press release is an advertisement and not a prospectus within the meaning of Directive 2003/71/EC of the European Parliament and the Council of November 4^th, 2003 (as amended and supplemented from time to time, including by Directive 2010/73/EU and any relevant implementing measures in any member State of the European Economic Area (the "Member States")), the ("Prospectus Directive").The base prospectus of the €6 billion wholesale Euro Medium Term Programme of ArcelorMittal dated as of 20 March 2015 (the "Base Prospectus") (as supplemented by a prospectus supplement no. 1 dated as of 17 June 2015 (the "Prospectus Supplement No. 1) respectively Annex A and Annex B of the Swiss Prospectus), and the final terms prepared by the Issuer in connection with the issuance of the Notes have been prepared on the basis that any offer of Notes in any Member State of the European Economic Area (each, a "Relevant Member State") will be made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of the Notes. Accordingly, any person making or intending to make an offer in that Relevant Member State of the Notes may only do so in circumstances in which no obligation arises for the Issuer or the joint lead managers acting in connection with the issuance of the Notes to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. The Issuer and the joint lead managers acting in connection with the issuance of the Notes have not authorized the making of any offer of Notes in any other circumstances in each Relevant Member State.