ARCELORMITTAL SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
ARCELORMITTAL SOUTH AFRICA BEE TRANSACTION ("AMSA BEE TRANSACTION"): RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders of ArcelorMittal South Africa ("Shareholders") are referred to the announcement released on SENS on 10 August 2010 and published in the South African press on 11 August 2010, informing Shareholders that ArcelorMittal South Africa has entered into a Subscription and Shareholders` Agreement, to give effect to the AMSA BEE Transaction; and to the renewal of cautionary announcement released on SENS on 30 August 2010 and published in the press on 31 August 2010.
ArcelorMittal South Africa`s consideration of matters relevant to the AMSA BEE Transaction is ongoing, and satisfaction of the conditions precedent remain outstanding.