Dealings in securities by directors and company secretary ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration number: 1989/002164/06) Share code: ACL ISIN: ZAE000134961 (“the Company”) DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY Pursuant to directors accepting allocation of the 2016 grant and participating in terms of the Long Term Incentive Plan (“LTIP”) Rules, the following information is disclosed: Director: Willem Abram De Klerk Company: ArcelorMittal South Africa Class of securities: Ordinary shares Date of transaction: 10 October 2016 Number of LTIP shares: 871 794 Issue Price: R9.75 Total value of transaction: R8,499,992.00 Nature of transaction: Off market acceptance of LTIP Grant in terms of Scheme Rules Nature of interest: direct beneficial Clearance obtained: Yes Director: Dean Subramanian Company: ArcelorMittal South Africa Class of securities: Ordinary shares Date of transaction: 10 October 2016 Number of LTIP shares: 474 923 Issue Price: R9.75 Total value of transaction: R4,630,499.00 Nature of transaction: Off market acceptance of LTIP Grant in terms of Scheme Rules Nature of interest: direct beneficial Clearance obtained: Yes Company Secretary: Nomonde Beatrice Bam Company: ArcelorMittal South Africa Class of securities: Ordinary shares Date of transaction: 10 October 2016 Number of LTIP shares: 49 140 Issue Price: R9.75 Total value of transaction: R479,115 Nature of transaction: Off market acceptance of LTIP Grant in terms of Scheme Rules Nature of interest: direct beneficial Clearance obtained: Yes The LTIP has been established in line with the requirements of the JSE and was created as a mechanism to reward and retain management effectively and link remuneration to performance of the company. It has a vesting period of a minimum of 3 years after the date of the grant. It is also linked to performance of the company, and is 100% performance based in respect of senior executives and 50% for other executives and management. Vanderbijlpark Works 12 October 2016 Sponsor to ArcelorMittal South Africa Limited J.P. Morgan Equities South Africa Pty Ltd Date: 12/10/2016 09:49:00 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.