Acceptance of allocation of shares ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration number: 1989/002164/06) Share code: ACL ISIN: ZAE000134961 (“ArcelorMittal South Africa") Acceptance of allocation of shares The following information is disclosed in compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited (“Listings Requirements”). Name of Director Mr Paul O’Flaherty Name of Company ArcelorMittal South Africa Position held Chief Executive Officer Transaction date 4 September 2014 Nature of transaction Off market acceptance of the allocation of shares in terms of the ArcelorMittal South Africa Long Term Incentive Plan Number of securities 53 473 Type of securities Ordinary shares Option strike price R35.80 Total market value R1 914 333 Period of vesting 3 years Date of vesting 5 August 2017 Nature and extent of Director’s interest in transaction Direct beneficial Clearance in terms of paragraph of 3.66 of the Listings Requirements was obtained from the Remuneration, Social and Ethics Committee. 5 September 2014 Sponsor to ArcelorMittal South Africa Limited J.P. Morgan Equities South Africa Pty Ltd For further information please contact: Kesebone Maema Manager: Corporate Communications, Corporate Affairs Tel: (016) 889 2425 Date: 05/09/2014 09:00:00 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.