ArcelorMittal Announces Results of the Offer to Purchase for Cash Any and All of its 9.850% Notes due June 1, 2019

ArcelorMittal S.A. / ArcelorMittal Announces Results of the Offer to Purchase for Cash Any and All of its 9.850% Notes due June 1, 2019 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

May 19, 2016 - On May 11, 2016, ArcelorMittal (the "Company" or "ArcelorMittal") announced the launch of its tender offer (the "Offer") to purchase for cash any and all of its outstanding 9.850% Notes due June 1, 2019 (CUSIP 03938LAM6/ ISIN US03938LAM63) (the "Notes") on the terms and subject to the conditions set out in the offer to purchase dated May 11, 2016 (the "Offer to Purchase") and the Notice of Guaranteed Delivery. The Offer expired at 5:00 p.m., New York City time, on May 18, 2016 (the "Expiration Time").

The table below sets forth information with respect to the Notes and the Offer as well as the aggregate principal amount of Notes that were validly tendered (including using the guaranteed delivery procedures set forth herein) and not validly withdrawn at or prior to 5:00 p.m., New York City time, on May 18, 2016.

Title of Security	Principal amount tendered(2)	Tender Consideration(3)
9.850% Notes due June 1, 2019(1) (CUSIP/ISIN: 03938LAM6/ US03938LAM63)	$410,651,000	$1,170.00

(1) The interest rate on the Notes increased pursuant to an interest adjustment clause applicable to the Notes and is currently 10.850%.

(2) Including $5,435,000 principal amount of Notes tendered pursuant to the guaranteed delivery procedures, for which the delivery of Notes must be made by no later than 5:00 p.m., New York City time, on May 20, 2016.

(3) Per $1,000 principal amount of Notes validly tendered and not validly withdrawn. Does not include Accrued Interest.

Subject to the terms and conditions set forth in the Offer to Purchase, the Company expects to accept for purchase on May 19, 2016, the amount of Notes validly tendered at or prior to the Expiration Time, other than Notes tendered using the guaranteed delivery procedures. Subject to the terms and conditions set forth in the Offer to Purchase, the Company expects to accept for purchase on May 23, 2016, the amount of Notes that were validly tendered using the guaranteed delivery procedures.