Results of General Meeting ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration Number 1989/002164/06) Share Code: ACL ISIN: ZAE000134961 (“ArcelorMittal South Africa”) RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 18 NOVEMBER 2016 At the Special General Meeting (SGM) of the shareholders of ArcelorMittal South Africa Ltd held on 18 November 2016, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes by shareholders present in person or represented by proxy. The total number of shares present/represented, including proxies, at the meeting was 1 082037 732 which is 97% of the total number of shares that could vote at the meeting as at the Voting Record Date. The voting results were as follows: For Against Abstain(*) Shares voted 1 Special resolution number 1: Increase the number of authorized shares in AMSA through the creation of A1 Ordinary Shares and A2 Ordinary Shares 1 082 006 192 14 722 16 818 1 082 020 914 99.99864% 0.00136% 0.00151% 100.00000% 2 Special resolution number 2: Amendment of the AMSA MOI 1 081 955 884 11 722 30 126 1 082 007 606 99.99892% 0.00108% 0.00270% 100.00000% 3 Special resolution number 3: Issue of shares in terms of sections 41(1) and 41 (3) of the Companies Act 1 081 933 171 14 722 29 839 1 082 007 893 99.99864% 0.00136% 0.00268% 100.00000% 4 Special resolution number 4:Provision of Financial Assistance in terms of sections 44 and 45 of the Companies Act 1 081 994 434 13 262 30 036 1 082 007 696 99.99877% 0.00123% 0.00269% 100.00000% 5 Ordinary resolution number 1:Approval of the B-BBEE Transaction 1 082 003 417 14 921 19 394 1 082 018 338 99.99862% 0.00138% 0.00174% 100.00000% 18 November 2016 Vanderbijlpark Works Corporate Advisor and Transaction Sponsor Legal and Tax Advisor to ArcelorMittal South Africa Limited KPMG Services (Pty) Limited Sponsor to ArcelorMittal South Africa Limited J.P. Morgan Equities South Africa Pty Ltd For further information please contact: Themba Sepotokele Manager: Corporate Communications and Branding Tel: (016) 889 2425 Date: 18/11/2016 10:38:00 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.