Sharenet Sites 
Sharenet Sites
ACL - ArcelorMittal South Africa Limited - Allocation and acceptance of share options ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) Registration number: 1989/002164/06 Share code: ACL & ISIN: ZAE000134961 ("ArcelorMittal South Africa") ALLOCATION AND ACCEPTANCE OF SHARE OPTIONS In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised that share options in ArcelorMittal South Africa securities have been offered to eligible Group employees. These share options were offered on 29 September 2011 at a strike price of R59-00 being the previous day`s adjusted closing price on 28 September 2011, in terms of the rules of the ArcelorMittal Share Incentive Scheme. This allocation was approved by the Remuneration Committee. The following information is disclosed on behalf of the directors and as well as the directors of major subsidiaries of ArcelorMittal South Africa, namely Saldanha Steel (Proprietary) Limited ("Saldanha"). The acceptance date of the share options by the beneficiaries listed below is 29 September 2011. These share options are exercisable as follows: 33,3% as from 29 September 2012 33,3% as from 29 September 2013 33,4% as from 29 September 2014 Clearance to deal in these securities has been obtained in terms of paragraph 3.66 of the Listings Requirements of the JSE. Name of director : Nonkululeko Nyembezi-Heita Company : ArcelorMittal South Africa Designation : Chief Executive Officer Nature of interest : Direct beneficial Class of shares : Ordinary Number shares : 110 620 ordinary shares Strike price : R59-00 Date share options accepted : 29 September 2011 Value : R6 526 580-00 Name of director : Rudolph Torlage Company : ArcelorMittal South Africa Designation : Chief Financial Officer Nature of interest : Direct beneficial Class of shares : Ordinary Number shares : 53 500 ordinary shares Strike price : R59-00 Date share options accepted : 29 September 2011 Value : R3 156 500-00 Name of director : Johan Fourie Company : Saldanha Designation : Director Nature of interest : Direct beneficial Class of shares : Ordinary Number shares : 42 790 ordinary shares Strike price : R59-00 Date share options accepted : 29 September 2011 Value : R2 524 610-00 Name of director : Suretha van Wyk Company : Saldanha Designation : Director Nature of interest : Direct beneficial Class of shares : Ordinary Number shares : 20 970 ordinary shares Strike price : R59-00 Date share options accepted : 29 September 2011 Value : R1 237 230-00 30 September 2011 Vanderbijlpark Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 03/10/2011 08:00:01 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.
