ArcelorMittal announces results of Extraordinary General Meeting

10 March 2016 - The Extraordinary General Meeting (EGM) of ArcelorMittal shareholders, held today in Luxembourg, approved both resolutions with a large majority. 928,122,478 shares or 51.46% of the company's share capital were present or represented.

The shareholders approved the two resolutions on the agenda:

• to reduce the share capital of the company without distribution to shareholders, in order to reduce the par value of the shares in the company to an amount of 10 Euro cents per share (approved with 98.97% of the vote)
   
• to increase the company's authorised share capital including the authorisation to limit or cancel the shareholders' preferential subscription rights (approved with 97.00% of the vote)

Detailed results of the votes will be posted shortly on http://corporate.arcelormittal.com under Investors > Equity investors > Shareholders' meetings, where the full documentation regarding the EGM is available.

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/