ARCELORMITTAL SOUTH AFRICA LIMITED - Sishen Iron Ore Company Proprietary Limited ("SIOC") Supply Agreement

Sishen Iron Ore Company Proprietary Limited ("SIOC") Supply Agreement

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
Registration number: 1989/002164/06
Share code: ACL & ISIN: ZAE000134961
(ArcelorMittal South Africa)

SISHEN IRON ORE COMPANY PROPRIETARY LIMITED (SIOC) SUPPLY
AGREEMENT

Shareholders are referred to the announcement released on SENS
on 23 August 2012 advising that after extensive negotiations,
it has been agreed that SIOC will sell to ArcelorMittal South
Africa a maximum amount of 1.5 million tonnes of iron ore from
Sishen Mine until 31 December 2012, on materially the same
terms and conditions as applied under the extended interim
pricing agreement.

Shareholders are advised that these negotiations and
engagements are continuing to take place with the assistance
of an appointed mediator.   The mediation process which is
confidential and remains on-going is being facilitated by the
Department of Trade and Industry.

Shareholders will be kept informed of any further
developments.

16 October 2012
Vanderbijlpark

Sponsor
Deutsche Securities (SA) (Proprietary) Limited

For further information please contact:
Themba Hlengani
Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158

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