Appointment of acting CEO and acting CFO ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration number: 1989/002164/06) Share code: ACL ISIN: ZAE000134961 (“ArcelorMittal South Africa" or “Company”) APPOINTMENT OF ACTING CHIEF EXECUTIVE OFFICER AND ACTING CHIEF FINANCIAL OFFICER Following the resignation of Mr Paul O’Flaherty as Chief Executive Officer (“CEO”) and executive director of the ArcelorMittal South Africa Company with effect from 12 February 2016, the recruitment process for a new Chief Executive Officer (“CEO”) is well advanced. In compliance with paragraph 3.59(c) of the Listings Requirements of the JSE Limited, Shareholders are advised that Mr Dean Subramanian, currently Chief Financial Officer (CFO) of ArcelorMittal South Africa has been appointed as Acting CEO until the new CEO is appointed and takes office. Mr Gerhard Van Zyl, currently a senior manager in the Finance function, who acted as CFO prior to the appointment of Mr Subramanian as CFO, will act as CFO until Mr Subramanian resumes his position as CFO. Both Mr Subramanian and Mr Van Zyl are well qualified and have the necessary experience and understanding of the steel industry and the Company to fulfill these roles effectively. Both appointments are effective from 13 February 2016. By order of the Board 4 February 2016 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: 04/02/2016 12:30:00 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.