Resignation of P S O' Flaherty as CEO and executive director and appointment as non executive directive ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration Number 1989/002164/06) Share Code: ACL ISIN: ZAE000134961 (“ArcelorMittal South Africa”) RESIGNATION OF CEO, EXECUTIVE DIRECTOR AND APPOINTMENT OF NON-EXECUTIVE DIRECTOR – P S O’FLAHERTY In compliance with paragraphs 3.59(b) of the Listings Requirements of the JSE Limited, shareholders are advised that Mr Paul Sean O’Flaherty has given notice to resign as the chief executive officer and executive director of ArcelorMittal South Africa with effect from 12 February 2016. Mr O’Flaherty has resigned due to personal reasons and wishes to pursue other interests. The Board has established a search committee for his successor, of which he will also be a member. Further, in compliance with paragraphs 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are advised that, in accordance with clause 26.5 of the company’s MoI, Mr O’Flaherty will be appointed as a non- executive director of the company with effect from 01 March 2016. This is to retain his continued contribution, especially in respect of relationships with key stakeholders. The Chairman of the Board of Directors (“Board”), Mr Mpho Makwana, expressed the Board's full appreciation and thanked Mr O’Flaherty for his valuable contribution to the company as the CEO and looked forward to his further contribution as a non-executive director. 14 December 2015 Vanderbijlpark Works Sponsor to ArcelorMittal South Africa Limited J.P. Morgan Equities South Africa Pty Ltd For further information please contact: Themba Nkosi General Manager: Human Resources, Transformation and Corporate Communications. Tel: (016) 889 2996 Date: 14/12/2015 01:58:00 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.