ARCELORMITTAL SOUTH AFRICA LIMITED - ArcelorMittal South Africa, DMR, Imperial Crown Trading 289 (ICT) and Sishen Iron Ore

ArcelorMittal South Africa, DMR, Imperial Crown Trading 289 (“ICT”) and Sishen Iron Ore

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
(“the Company" or “ArcelorMittal South Africa”)


ARCELORMITTAL SOUTH AFRICA, DEPARTMENT OF MINERAL RESOURCES (“DMR”),
IMPERIAL CROWN TRADING 289 (“ICT”) AND SISHEN IRON ORE COMPANY
PROPRIETARY LIMITED (“SIOC”)

Shareholders are referred to the announcement released on SENS on 23
April 2013 wherein it was stated that following the Supreme Court of
Appeal (“SCA”) dismissing the appeal by the DMR and ICT against the
North Gauteng High Court judgment both ICT and the DMR had lodged
applications for leave to appeal to the Constitutional Court against
the decision of the SCA.

The Constitutional Court hearing was held on 3 September 2013 and
delivered its judgment on 12 December 2013. The judgment is
summarised as follows:


1. ArcelorMittal’s old order mining right in respect of 21.4% of the
   Sishen Mine expired upon ArcelorMittal’s failure to convert that
   share on 30 April 2009;

2. SIOC applied for and was granted conversion of its own old order
   mining right which equated to 78.6% of the Sishen Mine;

3. SIOC is the only party competent to apply for and be granted the
   remainder of the Mining Right (i.e. 21.4%) by the Department of
   Mineral Resources, and has been afforded a period of time from
   date hereof to make such application to the Department of Mineral
   Resources; and

4. ICT’s court application is, in the circumstances, dismissed.


The settlement and supply agreement concluded by ArcelorMittal and
SIOC in November 2013 is not affected by the abovementioned judgment

12 December 2013


Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd


For further information please contact:
Themba Hlengani
Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158

Date: 12/12/2013 05:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.