Renewal of cautionary announcement ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) Registration number: 1989/002164/06 Share code: ACL ISIN: ZAE000134961 (“ArcelorMittal” or “the company”) Renewal of cautionary announcement Further to the cautionary announcement released on the Stock Exchange News Service of the JSE Limited on 6 November 2015 wherein ArcelorMittal’s shareholders (“Shareholders”) were advised of a proposed B-BBEE Transaction, and subsequent renewal announcements, Shareholders are further advised that the process in relation to the proposed Transaction is ongoing and when successfully concluded, may have a material effect on the price of the company’s securities. Due to the timing requirement for the fund raising process, it is now anticipated that the full terms announcement will be issued during September or October of 2016. Accordingly, Shareholders are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made in this regard. Vanderbijlpark 13 June 2016 Corporate advisor, transaction sponsor and legal advisor in relation to the B BBEE Transaction KPMG Services Proprietary Limited Sponsor to ArcelorMittal South Africa Limited J.P. Morgan Equities South Africa Pty Ltd Date: 13/06/2016 02:00:00 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.