Eramet

Capital/Financing Update • Nov 5, 2013

Paris, November 5th, 2013

PRESS RELEASE

ERAMET group successful placement of inaugural €400 million issue of 7-year bonds

ERAMET group announces the successful placement to institutional investors of its first issue of seven-year euro-bonds for a total amount of €400 million. The bonds pay interest at an annual rate of 4.5%. This issue is not rated.

This bond issue enables ERAMET group to take advantage of an attractive financing opportunity under favourable conditions, to diversify its financing sources (beyond its undrawn Revolving Credit Facility) and extend their average maturity.

The placement was jointly led by BNP Paribas, Natixis and Société Générale as active bookrunners. CA CIB was involved as passive bookrunner.

Patrick BUFFET, ERAMET group Chairman & CEO, said, "We are very pleased with the success of this inaugural bond issue, which reflects investors' confidence in ERAMET Group's strategy and fundamentals."

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The bonds will be listed for trading on the NYSE Euronext Paris regulated market as of November 6th, 2013. The prospectus was approved by the French securities regulator, the Autorité des marchés financiers, on November 4, 2013 (visa no. 13- 585). Copies may be obtained free of charge during business hours from ERAMET, 33 avenue du Maine, 75755 Paris Cedex 15, France and on the websites www.eramet.com and www.amf-france.org.

This press release does not constitute an offer to subscribe the bonds. There shall be no public offer of the bonds in any country. The bonds have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered, sold, pledged or otherwise transferred within the United States or to, or for the account or benefit of, U.S. persons. The bonds are being offered and sold only outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act.

ABOUT ERAMET

ERAMET is a leading global producer of:

• ₋ alloying metals, particularly manganese and nickel, used to improve the properties of steel,
• ₋ high-performance special steels and alloys used in industries such as aerospace, power generation and tooling.

ERAMET is also studying or developing major projects in new activities with high growth potential, such as mineral sands (titanium dioxide and zircon), lithium, niobium and rare earths, as well as in recycling. The Group employs approximately 14,000 people in 20 countries. ERAMET is part of Euronext Paris Compartment A.

CONTACT

Vice-President Investor Relations and Economic Studies Philippe Joly Tel: +33 (0)1 4538 4202

Investor Relations and Economic Analyst David Fortin Tel: +33 (0)1 4538 4286

For more information: www.eramet.com