Mittal Investments S.a.r.l. – ArcelorMittal 19, avenue de la Liberté Luxembourg, L-2930 Re: Deferred Delivery of 14,088,263 Common Shares of ArcelorMittal Ladies and Gentlemen: (May 8th, 2009)
Ispat International Investments, S.L. (“Ispat”) hereby agrees to acquire and/or subscribe for 14,088,263 common shares of ArcelorMittal (the “Company”) at a price of USD 22.77 per share as part of an offering and sale by the Company of up to 140,882,694 common shares of ArcelorMittal pursuant to a registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission on April 29, 2009 (File No. 333-158876) and a private placement to institutional investors in Europe (the “Share Offering”).