OREANDA-NEWS.  July 04, 2013. ArcelorMittal (“ArcelorMittal” or the “Company”) announced the launch of an invitation (subject to the offer restrictions contained in the Invitation for Offers) to holders (“Bondholders”) of the EUR 500,000,000 4.625 per cent. Bonds due 7 November 2014 issued by ArcelorMittal Finance (XS0204395213) (the “Existing Bonds”) to submit offers to sell (each such offer, an “Offer to Sell”) the Existing Bonds to the Company for cash on the terms and subject to the conditions contained in the Invitation for Offers (the “Invitation”).

Announcement of Results of the Invitation
The Company is pleased to announce today the acceptance of the Invitation as follows:Final aggregate principal amount of the Existing Bonds accepted for purchase:
 
Final aggregate principal amount of the Existing Bonds accepted for purchase: EUR 139,520,000
Final aggregate principal amount of the Existing Bonds that will remain outstanding after the Settlement Date: EUR 360,480,000

Accrued Interest: EUR 29,90 per EUR 1,000 in principal amount

Total Consideration: EUR 1,075.65 per EUR 1,000 in principal amount

Settlement
The Settlement Date for the Invitation is expected to be 1 July 2013. All sales pursuant to the Invitation will settle through the normal procedures of the relevant Clearing System. On the Settlement Date, the Company shall pay or procure that there is paid to each Bondholder which has validly submitted an Offer to Sell by the Expiration Time which has been accepted for purchase by the Company, an amount in cash equal to the Total Consideration.

Payment of the Total Consideration, by or on behalf of the Company shall fully and finally discharge its obligations to the Bondholders in respect of the Existing Bonds offered for sale and delivered and accepted for purchase by the Company pursuant to the Invitation. Under no circumstances will any additional interest be payable by the Company to a Bondholder due to any delay in the transmission of funds from the relevant Clearing System or any other intermediary with respect to the Existing Bonds of that Bondholder.