ACL - ArcelorMittal South Africa - Arcelormittal South Africa Bee Transaction

ACL - ArcelorMittal South Africa - Arcelormittal South Africa Bee Transaction   
("Bee Transaction"): Renewal of Cautionary Announcement                         
ARCELORMITTAL SOUTH AFRICA LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/002164/06)                                            
Share code: ACL                                                                 
ISIN: ZAE000134961                                                              
("ArcelorMittal South Africa")                                                  
ARCELORMITTAL SOUTH AFRICA BEE TRANSACTION ("BEE TRANSACTION"): RENEWAL OF      
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders of ArcelorMittal South Africa ("Shareholders") are referred to the 
announcement dated 10 August 2010, informing Shareholders that ArcelorMittal    
South Africa has entered into a Subscription and Shareholders` Agreement, to    
give effect to the BEE Transaction; and to the renewal of cautionary            
announcements dated 30 August 2010, 21 October 2010 and 2 December 2010.        
Shareholders are advised that ArcelorMittal South Africa`s consideration of     
matters relevant to the BEE Transaction is ongoing, and satisfaction of the     
conditions precedent remain outstanding.                                        
Accordingly, Shareholders are further advised to continue exercising caution    
when dealing in ArcelorMittal South Africa securities, until a full announcement
is made.                                                                        
Vanderbijlpark                                                                  
Wednesday, 19 January 2011                                                      
For further information please contact:                                         
Themba Hlengani - Manager Corporate Communications                              
Tel: (016) 889 2425 or 083 440 0158                                             
Financial advisors                                                              
Goldman Sachs International                                                     
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Legal Advisors                                                                  
Werksmans Attorneys                                                             
Date: 19/01/2011 08:01:03 Supplied by www.sharenet.co.za                     
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