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ARCELORMITTAL SOUTH AFRICA LIMITED - Appointment Of Non-Executive Directors

Release Date: 12/06/2015 09:00
Code(s): ACL     PDF:  
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Appointment Of Non-Executive Directors

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share Code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa”)


Appointment Of Non-Executive Directors


In    compliance      with      paragraph         3.59     (a)    of    the     Listings
Requirements of the JSE Limited, shareholders are advised that
in    terms   of    section     26.5    of    the        company’s     Memorandum       of
Incorporation the board of directors (Board) has approved the
appointment of Mr Marc Vereecke and Mr Ramesh Kothari as non-
executive directors of the Board with effect from 11 June
2015.


Mr Vereecke holds a degree in Civil Engineer Electronics from
the    University      of    Gent.     He    is    a     Vice    President      (VP)    in
ArcelorMittal Holdings AG (the ArcelorMittal Group) and his
current position is that of Chief Operating Officer for the
Africa and Commonwealth of Independent States (ACIS) region.
He    has     had     31     years      working          experience         within     the
ArcelorMittal Group, which includes holding various technical,
project management and senior management positions.


Mr    Kothari      holds    a   Chartered         Accountant      degree       from    the
Institute of Chartered Accountants of India. He is a General
Manager within the ArcelorMittal Group and is the current CFO
for the ACIS region. He has over 19 years working experience
in    various      industries    and    has       held     key   executive          finance
roles.




Both Mr Vereecke and Mr Kothari are well qualified and have
the     necessary     experience       and        understanding        of     the    steel
industry      to    effectively        discharge         their     duties      as      non-
executive directors of ArcelorMittal South Africa Limited.
The board congratulates them on their appointment and looks
forward to their contributions.


12 June 2015
Vanderbijlpark Works


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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