Skip to main content

ArcelorMittal Completes Registration of Its Exchange Offer

Regulatory News:

ArcelorMittal (NYSE: MT; Euronext Amsterdam by NYSE Euronext: MT; Euronext Paris by NYSE Euronext: MTP; Euronext Brussels by NYSE Euronext: MTBL; Luxembourg Stock Exchange: MT; Spanish Stock Exchanges of Barcelona, Bilbao, Madrid and Valencia: MTS) announces today the closing of its offer to exchange (i) all of its outstanding 5.375% Notes due 2013, which are not registered under the United States Securities Act of 1933, as amended (the Securities Act), (the 2013 Original Notes), for an equal principal amount of its 5.375% Notes due 2013, which have been registered under the Securities Act and (ii) all of its outstanding 6.125% Notes due 2018, which are not registered under the Securities Act (the 2018 Original Notes, and together with the 2013 Original Notes, the Original Notes), for an equal principal amount of its 6.125% Notes due 2018, which have been registered under the Securities Act. The Exchange Offer expired at 5:00pm, New York City time, on Friday, November 7, 2008.

U.S.$1,467,958,000 aggregate principal amount of 2013 Original Notes and U.S.$1,493,200,000 aggregate principal amount of 2018 Original Notes, representing 97.8% of the outstanding principal amount of 2013 Original Notes and 99.5% of the outstanding principal amount of 2018 Original Notes, respectively, were tendered for exchange. ArcelorMittal accepted all Original Notes that were properly tendered for exchange. The exchange offer closed on November 13, 2008.

HSBC Bank USA, National Association, served as the exchange agent for the exchange offer and D.F. King & Co., Inc. served as the information agent for the exchange offer. The agents addresses, telephone and facsimile numbers are as follows:

Exchange AgentInformation Agent
HSBC Bank USA, National Association D.F. King & Co., Inc.
Corporate Trust & Loan Agency 48 Wall Street, 22nd Floor
2 Hanson Place, 14th Floor New York, New York 10005
Brooklyn, New York 10217-1409 Banks and Brokers Call (Collect): 212-269-5550
Attention: Corporate Trust Operations All Others Call (Toll Free): 800-290-6429
Telephone: (800) 662-9844

About ArcelorMittal

ArcelorMittal is the world's leading steel company, with over 326,000 employees in more than 60 countries.

ArcelorMittal is the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.

Through its core values of sustainability, quality and leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and wellbeing of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. ArcelorMittal recognises that it has a significant responsibility to tackle the global climate change challenge; it takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.

In 2007, ArcelorMittal had revenues of $105.2 billion and crude steel production of 116 million tonnes, representing around 10 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For more information about ArcelorMittal visit: www.arcelormittal.com

Legal Disclaimer

This press release does not constitute an offer to purchase any securities or the solicitation of an offer to sell any securities. The exchange offer was made only pursuant to the prospectus dated October 8, 2008 and only to such persons and in such jurisdictions as is permitted under applicable law and as set forth in such prospectus.

Contacts:

ArcelorMittal Investor Relations
Europe, +352 4792 2414
Americas, +1 312 899 3569
Retail, +352 4792 2434
SRI, +44 203 214 2854
Bonds/Credit, +33 1 71 92 10 26
or
ArcelorMittal Corporate Communications
E-mail: press@arcelormittal.com
Phone: +352 4792 5000
or
ArcelorMittal Corporate Communications
Haroon Hassan (Head of Media Relations)
+44 20 3214 2867
or
Erlendas Grigorovic (CEE & CIS)
+44 20 3214 2422
or
Arne Langner (Western Europe)
+352 4792 3120
or
Jean Lasar (Western Europe)
+352 4792 2359
or
Giles Read (Africa , Middle East, Asia)
+44 20 3214 2845
or
ArcelorMittal (Americas)
Bill Steers, +1 312 899 3817
Adam Warrington, +1 312 899 3596
or
United Kingdom
Maitland Consultancy:
Martin Leeburn / David Sturken, +44 20 7379 5151
or
France
Image 7
Anne France Malrieu / Tiphaine Hecketsweiler
+33 1 5370 7470
or
Belgium
Comfi
Charles-Hubert Gernaert, +32 2 290 90 90
or
Netherlands
Smink, Van der Ploeg & Jongsma
Leon Melens, +31 20 647 81 81
or
Germany
Hering Schuppener
Markus Talanow, +49 69 92 18 74 70
Phoebe Kebbel, +49 69 92 18 74 77
or
Spain
Ignacio Agreda, +34 94 489 4162
Oscar Fleites, +34 98 512 60 29
Keith Grant, +34 639 760 397

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.