ArcelorMittal S.A. : ArcelorMittal completes the first instalment of its sale of a 15% interest in ArcelorMittal Mines Canada

ArcelorMittal S.A. : ArcelorMittal completes the first instalment of its sale
 of a 15% interest in ArcelorMittal Mines Canada for $1.1bln to a Consortium
                   led by POSCO and China Steel Corporation

Luxembourg, 15 March 2013 - ArcelorMittal announces today the completion of
the first instalment of the previously announced investment by a consortium
led by POSCO and China Steel Corporation (CSC) to acquire a joint venture
interest in ArcelorMittal's Labrador Trough iron ore mining and infrastructure
assets in Quebec, Canada.

The consortium acquired an 11.05% interest in the joint venture for total
consideration of US$810 million in cash, with ArcelorMittal's wholly owned
subsidiary ArcelorMittal Mines Canada retaining an 88.95% interest in the
joint venture.

As part of its strategy to  build strategic relationships with key  customers, 
the joint venture has also entered into long-term iron ore off-take agreements
with POSCO and CSC proportionate to the consortium's joint venture interests.

The second instalment of the investment by the consortium, which will increase
the consortium's interest  in the  joint venture  to 15%,  remains subject  to 
various conditions and is expected to close in the second quarter of 2013.

Forward-Looking Statements
This document may contain forward-looking information and statements about
ArcelorMittal and its subsidiaries. These statements include financial
projections and estimates and their underlying assumptions, statements
regarding plans, objectives and expectations with respect to future
operations, products and services, and statements regarding future
performance. Forward-looking statements may be identified by the words
"believe," "expect," "anticipate," "target" or similar expressions. Although
ArcelorMittal's management believes that the expectations reflected in such
forward-looking statements are reasonable, investors and holders of
ArcelorMittal's securities are cautioned that forward-looking information and
statements are subject to numerous risks and uncertainties, many of which are
difficult to predict and generally beyond the control of ArcelorMittal, that
could cause actual results and developments to differ materially and adversely
from those expressed in, or implied or projected by, the forward-looking
information and statements. These risks and uncertainties include those
discussed or identified in the filings with the Luxembourg Stock Market
Authority for the Financial Markets (Commission de Surveillance du Secteur
Financier) and the United States Securities and Exchange Commission (the
"SEC") made or to be made by ArcelorMittal, including ArcelorMittal's Annual
Report on Form 20-F for the year ended December 31, 2012 filed with the SEC.
ArcelorMittal undertakes no obligation to publicly update its forward-looking
statements, whether as a result of new information, future events, or

About ArcelorMittal

ArcelorMittal is the world's leading integrated steel and mining company, with
a presence 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  well-being  of   its  employees,  contractors  and   the 
communities in which  it operates.  It is  also committed  to the  sustainable 
management of  the environment.  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  2012,  ArcelorMittal  had  revenues  of  $84.2  billion  and  crude  steel 
production of  88.2million tonnes,  representing  approximately 6  percent  of 
world steel output.

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:

Contact information ArcelorMittal Investor Relations
Europe           + 352 4792 3198
Americas             +1 312 899 3985
Retail           + 44203214 2417
SRI                 + 44 203 214 2854  
Bonds/Credit                         + 33 171 92 10
Contact information ArcelorMittal Corporate Communications
Phone: +352 4792 5000
ArcelorMittal Corporate Communications

Tobin Postma (Acting Head of Media Relations) + 44 20 3214 2412
Laura Nutt                                +44
20 7543 1125

United Kingdom
Maitland Consultancy:
Martin Leeburn                        + 44 20 7379

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Sylvie Dumaine / Anne-Charlotte Creach    + 33 1 5370 7470


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Source: ArcelorMittal S.A. via Thomson Reuters ONE
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