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ACL - AMSA - Further cautionary announcement

Release Date: 30/08/2010 17:31
Code(s): ACL
Wrap Text

ACL - AMSA - Further cautionary announcement ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) Registration number: 1989/002164/06 Share code: ACL & ISIN: ZAE000134961 ("AMSA" or "the company") Further cautionary announcement Shareholders are referred to previous announcements released by the company relating to Sishen Iron Ore Company (Proprietary) Limited ("SIOC"), the latest being on 22 July 2010 where an interim pricing arrangement was reached between SIOC and AMSA in respect of the supply of iron ore to AMSA from the Sishen Mine. SIOC and AMSA are currently finalising their negotiations and hope to execute the formal agreement in this regard shortly. Shareholders are advised that an arbitration process is continuing. AMSA has delivered its plea and counterclaim and has appointed its arbitrator. Accordingly shareholders are advised to continue to exercise caution when dealing in the company`s securities until a further announcement is made. 30 August 2010 Vanderbijlpark Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 30/08/2010 17:31:01 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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