ArcelorMittal announces the publication of fourth quarter 2012 EBITDA sell-side analyst consensus figures on www.arcelormittal.com

distributed by noodls on 01/30/2013 11:34

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Luxembourg, 30 January 2013 - ArcelorMittal today announces the publication of sell-side analysts' consensus forecasts for ArcelorMittal's 2012 fourth quarter EBITDA. The consensus figures are based on analyst estimates recorded on an external web based tool to be provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus).

To arrive at the consensus figures below, VUMA have aggregated the expectations of sell side analysts who, to our best knowledge, cover ArcelorMittal on a continuous basis. This is a group of about 30 brokers currently. The listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views.

On this page we provide you with the analyst estimates compiled by Vuma Consensus, and ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.

EBITDA consensus estimates

Period	Number of sell-side analysts participation	EBITDA consensus average $Million
Q4 2012E	24	$1,262

The consensus data is based on projections made by sell-side analysts. The sell-side analysts who cover ArcelorMittal and whose estimates are included in the group consensus outlined above are the following:

Applebaum Research - Michelle Applebaum
Bank of America Merrill Lynch - Cedar Ekblom
Bankia Bolsa - Iñigo Recio
Citigroup - Tom O'Hara
Commerzbank - Ingo-Martin Schachel
Credit Suisse - Michael Shillaker
Dahlman Rose & Co. - Anthony Rizzuto Jr.
Davy - Tim Cahill
Exane BNP Paribas - Sylvain Brunet, Luc Pez
Goldman Sachs - Stephen Benson, Ken Foong
Grupo Santander - Juan Ramon Correas
HSBC - Thorsten Zimmerman
Jefferies - Seth Rosenfeld
JP Morgan - Alessandro Abate
Kepler Capital Markets - Rochus Brauneiser
Macquarie Bank - Jeff Largey
Mainfirst - Alexander Hauenstein
Morgan Stanley - Alexander Haissl
Nomura - Neil Sampat
Petercam - Alan Vandenberghe
RBC - Tim Huff
Societe Generale - Alain William
UBS - Carsten Riek

Disclaimer

The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal's results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal's actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal's periodic reports available onwww.arcelormittal.com.

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 carbon steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology. The Group also has a world class mining business with a global portfolio of over 20 mines in operation and development, and is the world's 4th largest iron ore producer. With operations in over 22 countries spanning four continents, the Company covers all of the key industrial markets, from emerging to mature, and has outstanding distribution networks.

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. ArcelorMittal is a member of the FTSE4Good Index and the Dow Jones Sustainability World Index.

In 2011, ArcelorMittal had revenues of $94.0 billion and crude steel production of 91.9 million tonnes, representing approximately 6 per cent of world steel output. The Group's mining operations produced 54 million tonnes of iron ore and 8 million tonnes of metallurgical coal.

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