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 Grant date 18 May 2015 Acceptance date 19 May 2015 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 330 801 Type of securities Ordinary shares Value per Share on acceptance R18.95 Total market value R6 268 678.95 Period of vesting 3 years Date of vesting 18 May 2018 Nature and extent of Director’s interest in transaction Direct beneficial Name of Director Mr Mohamed Adam Name of Company ArcelorMittal South Africa Position held Acting Company Secretary Grant date 18 May 2015 Acceptance date 19 May 2015 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 147 387 Type of securities Ordinary shares Value per Share on acceptance R18.95 Total market value R2 792 983.65 Period of vesting 3 years Date of vesting 18 May 2018 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. 20 May 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 Date: 20/05/2015 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.