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ARCELORMITTAL SOUTH AFRICA LIMITED - Trading Statement

Release Date: 04/02/2015 07:30
Code(s): ACL     PDF:  
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Trading Statement

ArcelorMittal South Africa Limited

(Incorporated in the Republic of South Africa)

(Registration Number 1989/002164/06)

Share code: ACL ISIN: ZAE 000134961

(“the Company”)

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the JSE Limited Listings
Requirements, a listed company is required to publish a
trading statement as soon as it is satisfied that a reasonable
degree of certainty exists that the financial results for the
period to be reported upon next will differ, by at least 20%,
from those of the previous corresponding period.

Shareholders are advised that the loss per share for the year
ended 31 December 2014 is expected to be lower than in 2013,
mainly due to the impairment charge last year of R1 950
million related to the closure of the Thabazimbi mine. The
loss per share is expected to reduce from 535 cents per share
to a range between 33 and 43 cents per share (92%-94%
improvement).

The financial information on which the above trading statement
has been provided has not been reviewed or reported on by the
external auditors of the company.

By order of the Board
4 February 2015


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

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