Imerys : Final Terms dated 30 March 2016 (2028 Notes)

EXECUTION VERSION FINAL TERMS DATED 30 MARCH 2016 IMERYS ISSUE OF EURO 300,000,000 1.875 PER CENT. NOTES DUE 31 MARCH 2028 UNDER THE EURO 2,500,000,000 EURO MEDIUM TERM NOTE PROGRAMME

194989-4-20-v1.4 36-40623607

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the base prospectus dated 5 June 2015 and the supplement to the base prospectus dated 22 March 2016 which together constitute a base prospectus for the purposes of Prospectus Directive (Directive 2003/71/EC), as amended (the "Prospectus Directive")(the "Base Prospectus"). This document constitutes the Final Terms of the notes described herein (the "Notes") for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus.

Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus and the Final Terms are available for viewing at the office of the Paying Agent during normal business hours and are published on the websites of (a) the Luxembourg Stock Exchange (www.bourse.lu) and (b) the Issuer, at the following address (http://www.imerys.com/scopi/group/imeryscom/imeryscom.nsf/pagesref/SCOI- 8S4EYJ?opendocument&lang=en&publi=11) and copies may be obtained free of charge from Imerys, 154, rue de l'Université, 75007 Paris, France.

1.	(i) Series Number:	4
(ii) Tranche Number:	1
2.	Specified Currency:	Euro
3.	Aggregate Nominal Amount of Notes:
(i) Series:	Euro 300,000,000
(ii) Tranche:	Euro 300,000,000
4.	Issue Price:	99.533 per cent. of the Aggregate	Nominal
Amount of the Tranche
5.	Specified Denomination:	Euro 100,000
6.	(i) Issue Date:	1 April 2016
(ii) Interest Commencement Date:	Issue Date
7.	Maturity Date:	31 March 2028
8.	Interest Basis:	1.875 per cent. Fixed Rate
9.	Redemption/Payment Basis:	Subject to any purchase, cancellation	or early

redemption, the Notes will be redeemed on the Maturity Date at 100 per cent. of the Aggregate Nominal Amount (further particulars specified

below)

1. Change of Interest Basis: Not Applicable
2. Put/Call Options: Call Option Change of Control

   Make-Whole Redemption

   (further particulars specified below)

3. (i) Status of the Notes: Unsubordinated Notes

   (ii) Date of corporate authorisations for issuance of Notes obtained:

   Resolution of the Board of Directors of the Issuer dated 18 March 2016

   PROVISIONS RELATING TO INTEREST PAYABLE
4. Fixed Rate Note Provisions: Applicable

5. Rate of Interest: 1.875 per cent. per annum payable annually in

   arrear, subject to paragraph 16 below

6. Interest Payment Dates: 31 March in each year, commencing on, and

   including, 31 March 2017 up to, and including, the Maturity Date. There will be a short first coupon from and including the Issue Date to but excluding 31 March 2017.

7. Fixed Coupon Amount: Euro 1,875 per Specified Denomination

8. Broken Amount: Euro 1,869.86 per Specified Denomination,

   payable on the Interest Payment Date falling on 31 March 2017.

9. Day Count Fraction: Actual/Actual - ICMA

10. Determination Dates: 31 March in each year

11. Floating Rate Note Provisions: Not Applicable
12. Zero Coupon Note Provisions: Not Applicable
13. Change of Control: Applicable (Condition 14)

    Rating Downgrade	The new Rate of Interest will be as follows:
    to Ba1	3.125 per cent. per annum
    to Ba2	3.375 per cent. per annum
    to Ba3	3.625 per cent. per annum
    to B1	3.875 per cent. per annum
    to B2	4.125 per cent. per annum
    to B3 or lower	4.375 per cent. per annum

    Rate of Interest on the Rate of Interest Increase Event:

    PROVISIONS RELATING TO REDEMPTION
14. Call Option: Applicable

15. Optional Redemption Date (Call):

    At any time from and including 31 December 2027 in accordance with Condition 6(c) or at any time, upon the first occurrence of a Rate of Interest Increase Event in accordance with Condition 6(d).

16. Optional Redemption Amount (Call) of each Note:

    Euro 100,000 per Specified Denomination

17. If redeemable in part: Applicable

18. ) Minimum Redemption Amount:

    Euro 5,000 per Specified Denomination

19. Maximum Redemption Amount:

    Euro 100,000 per Specified Denomination

20. Notice period: As set out in Condition 6(c)(i)

21. Make-Whole Redemption: Applicable

22. Make-Whole Redemption Amount (If different from that as set out in the Conditions):

    Sub-paragraph (i) of the definition of Make-Whole Redemption Amount applies

23. Percentage Principal Amount: 100 per cent. of the principal amount of the Notes