ARCELORMITTAL SOUTH AFRICA LIMITED - NOTICE OF SUBMISSION OF PROPOSED SPECIAL RESOLUTION TO THE SHAREHOLDERS IN TERMS OF SECTION 66(9) OF THE ACT

NOTICE OF SUBMISSION OF PROPOSED SPECIAL RESOLUTION TO THE SHAREHOLDERS IN TERMS OF SECTION 66(9) OF THE ACT

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

NOTICE OF SUBMISSION OF PROPOSED SPECIAL RESOLUTION TO THE
SHAREHOLDERS OF ARCELORMITTAL SOUTH AFRICA IN TERMS OF SECTION
66(9) OF THE COMPANIES ACT, 71 OF 2008, AS AMENDED ("ACT")
PROPOSED TO BE ADOPTED IN TERMS OF SECTION 60 OF THE ACT

Shareholders are notified that the board of directors of the
Company has resolved to propose that the shareholders of the
Company consider a special resolution in terms of section 66(9)
of the Act by written consent in terms of section 60 of the Act
(“the Special Resolution”).

The Special Resolution pertains to the approval of the
remuneration which the Company wishes to pay its non-executive
directors for their services as directors of the Company, as
required by section 66(9) of the Act, with effect from 1 May
2012.

The notice of this Special Resolution will be distributed to
ordinary shareholders of the Company today, Wednesday 1 August
2012 and will also be available to be viewed on the company’s
website.

The record date for the purpose of voting on this Special
Resolution (being the date on which an ordinary shareholder must
be registered in the Company’s register of shareholders in order
to vote on the Special Resolution) shall be Friday, 31 August
2012. The salient dates to be considered are as follows:


Record date in order to receive the form of       Friday 27 July 2012
written consent
Last day to trade in order to be eligible to        Friday 24 August
vote                                                            2012
Record date for determining which ordinary          Friday 31 August
shareholders will be entitled to vote                           2012
Date ordinary shareholders vote and/or form               Thursday 6
of written consent, where applicable, to be           September 2012
received by the transfer secretaries by
12h00



Vanderbijlpark
1 August 2012
Sponsor
Deutsche Securities (SA) Proprietary Limited

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