Notice to the shareholders of ArcelorMittal Luxembourg (formerly Arcelor Luxembourg and originally incorporated under the name ARBED) formerly listed under ISIN LU0006047129

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This notice is addressed to the shareholders of ArcelorMittal Luxembourg only and is published by ArcelorMittal having its registered office at 19, avenue de la Liberté, L-2930 Luxembourg solely in its capacity as majority shareholder of ArcelorMittal Luxembourg within the meaning of the Squeeze Out Law (as defined below).

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08/09/2014 |
  • Arcelor

This notice relates to the squeeze out initiated by ArcelorMittal on the securities in ArcelorMittal Luxembourg in accordance with the provisions of the law of 21st July 2012 relating to the squeeze out and mandatory sell out of securities admitted or having been admitted to negotiation on a regulated market or having been offered to the public (the “Squeeze Out Law”).

The holders of securities have the right to oppose the squeeze out project in accordance with the terms and the deadline provided by article 4 (6) of the Squeeze Out Law.

Opposition must be made by registered letter with acknowledgment of receipt addressed to the Commission de Surveillance du Secteur Financier (the “CSSF”) setting out the reasons of the opposition and sent within a period of one month starting from the date of publication of the proposed price in accordance with article 4 (5) of the Squeeze Out Law. A copy of the letter must be sent within the same time period by registered letter with acknowledgment of receipt to the majority shareholder and to the relevant company.

Any opposition within the meaning of article 4 (6) of the Squeeze Out Law filed by registered letter with acknowledgment of receipt addressed to the CSSF and sent within the period of one month starting from the date of publication of the proposed price in accordance with article 4(5) of the Squeeze Out Law must be received by the CSSF at the latest 5 days after the expiration of the opposition period.

Subject to compliance with the provisions of the Squeeze Out Law, at the end of the squeeze out procedure, the securities which have not been presented at the latest on the final payment date shall be deemed automatically transferred by operation of law to the majority shareholder without the prior consent of the holders of the remaining securities.

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