>>> ArcelorMittal Details of Right Issue 7 for 10 @ €2.20 (-48.15%)

7 for 10 Rights issue of 1,262,351,531 new shares at a subscription price of EUR 2.20 per new share

Rights will be credited to clearing systems and to the accounts of shareholders directly registered in the European share register and the New York share register on 15 March 2016. Mailing of certificates evidencing Rights directly registered in the New York rights register will begin on 15 March 2016.