ACL - ArcelorMittal - Posting Of Annual Report And Notice Of Annual General

ACL - ArcelorMittal - Posting Of Annual Report And Notice Of Annual General     
Meeting                                                                         
ArcelorMittal South Africa Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/002164/06)                                            
Share Code: ACL                                                                 
ISIN: ZAE000134961                                                              
("ArcelorMittal" or "the company" or "the group")                               
POSTING OF ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING                   
Notice is hereby given that the Annual General Meeting of ArcelorMittal         
South Africa  will be held at 11:00 (South African time) on  Tuesday 11 May     
2010 at the Hilton Hotel, 138 Rivonia Road, Sandton, Johannesburg, South        
Africa.                                                                         
The Annual Report and the Notice of the Annual General Meeting has been         
issued and posted to shareholders today, Wednesday 31 March 2010.  The          
Annual Report contained no modifications to the reviewed group financial        
results which were published on 10 February 2010.                               
The only material change between the audited combined and consolidated          
financial statements reported in the Annual Report for the year ended 31        
December 2009 approved by the Board of Directors on 19 March 2010 and the       
reviewed group financial results for the year ended 31 December 2009 issued     
on Wednesday 10 February 2010, is the notice received from Sishen Iron Ore      
Company (Proprietary) Limited (SIOC) asserting (which assertions are not        
accepted by the group and company) that, with effect from 1 March 2010,  it     
is no longer obliged to supply iron ore to the group and company, on a cost     
plus 3% basis.  According to SIOC the group and company did not apply for       
the conversion of its old order mining right at Sishen Mine in respect of       
the 21.4% undivided share within the time period prescribed in item 7(1) of     
Schedule 11 to the Mineral and Petroleum Resources Development Act 28 of        
2002.                                                                           
The group and company considered the matters arising out of the allegations     
made by SIOC relating to the Sishen mineral rights, which assertions            
ArcelorMittal disputes and believes that SIOC remains contractually obliged     
to continue to supply iron ore at cost +3% pursuant to the long term            
contractual arrangement.  The dispute is classified as a non-adjusting event    
after the reporting date based upon the fact pattern of events giving rise      
to the event.                                                                   
ArcelorMittal shareholders are referred to the announcements issued by          
ArcelorMittal on 30 March 2010 which provide an update to ArcelorMittal`s       
current status.                                                                 
31 March 2010                                                                   
Vanderbijlpark                                                                  
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
For further information please contact:                                         
Julian Gwillim                                                                  
Mobile: +27 (82) 452 4389                                                       
Date: 31/03/2010 17:11:08 Supplied by www.sharenet.co.za                     
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