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Sharenet Sites
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”)
ANNOUNCEMENT
Shareholders are advised that on Saturday 9 February 2013 a fire
occurred at the Vanderbijlpark plant which caused extensive damage
to the steel making facilities resulting in an immediate shutdown of
the facilities. No injuries were reported as a result of the
incident.
Once detailed assessments of the damage and required repairs have
been carried out, the potential loss of sales and estimate of the
time to repair will be determined.
Assistance from other ArcelorMittal Group plants is being sought to
establish alternative sources of supply in order to mitigate the
negative impact on our customers. Moreover, support from key
suppliers is being enlisted to ensure speedy repair of the damaged
facilities. Our insurers have also been notified and we will be
working with them to assess the potential losses.
A letter declaring force majeure will be issued to customers within
the next 24 hours.
A further SENS announcement will be released to advise shareholders
as more details become available.
11 February 2013
Sponsor to ArcelorMittal South Africa
Deutsche Securities (SA) (Proprietary) Limited
For further information please contact:
Themba Hlengani
Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158
Date: 11/02/2013 02:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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