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ACL - ArcelorMittal South Africa Limited - Resignation of Chief Financial

Release Date: 23/07/2010 08:00
Code(s): ACL
Wrap Text

ACL - ArcelorMittal South Africa Limited - Resignation of Chief Financial officer ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration number: 1989/002164/06) Share code: ACL ISIN: ZAE000134961 ("ArcelorMittal" or "company") RESIGNATION OF CHIEF FINANCIAL OFFICER In compliance with paragraph 3.59 (b) of the Listings Requirements of the JSE Limited, the Board of Directors of Arcelormittal ("the Board") hereby notifies its shareholders with regret, the resignation by Kobus Verster as Chief Financial Officer with effect from Monday 23 August 2010. The Board further announces that Rudolph Torlage, currently the General Manager of Controlling, has been appointed as the Interim Acting Chief Financial Officer. Rudolph shall continue in this position until the Board names a new Chief Financial Officer. Kobus has been associated with companies within the ArcelorMittal Group for the past 20 years and served on the Board as Chief Financial Officer for the past four and a half years. During his time at ArcelorMittal, Kobus not only provided leadership to the finance team, but also played a broader strategic role within the organisation. The Board takes this opportunity to thank him for his dedicated contribution to the Group and to the company and wishes him well for the future. 23 July 2010 Sponsor to ArcelorMittal South Africa Limited Deutsche Securities (SA) (Proprietary) Limited Date: 23/07/2010 08:00:04 Supplied by www.sharenet.co.za 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.

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