ARCELORMITTAL SOUTH AFRICA LIMITED - Dealings in securities by share scheme

Dealings in securities by share scheme

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 “the Company")

Trading in ArcelorMittal SA ordinary shares by SASFIN on behalf of the ArcelorMittal SA Long
Term Incentive Plan 2012.

In terms of paragraph 3.92 of the JSE listing requirements, shareholders are advised that the
following ordinary shares have been bought on the open market to settle obligations of ArcelorMittal
SA under the Long Term Incentive Plan 2012 (“LTIP 2012”):

Date:                                                  3 October 2016
Number of shares purchased:                            397 670
Highest price:                                         R10.41
Lowest price:                                          R9.31
Average price per share:                               R9.35
Value of transaction:                                  R3 745 437.50

Date:                                                  4 October 2016
Number of shares purchased:                            362 866
Highest price:                                         R9.91
Lowest price:                                          R9.31
Average price per share:                               R9.91
Value of transaction:                                  R3 617 912.36

Date:                                                  5 October 2016
Number of shares purchased:                            19 605
Highest price:                                         R9.59
Lowest price:                                          R9.59
Average price per share:                               R9.59
Value of transaction:                                  R189 406.44

Date:                                                  6 October 2016
Number of shares purchased:                            11 691
Highest price:                                         R10.41
Lowest price:                                          R10.41
Average price per share:                               R10.41
Value of transaction:                                  R122 562-39

Date:                                                  17 November 2016
Number of shares purchased:                            554 154
Highest price:                                         R11.76
Lowest price:                                          R11.60
Average price per share:                               R11.74
Value of transaction:                                  R6 554 692.09

Date:                                                  18 November 2016
Number of shares purchased:                            140 331
Highest price:                                         R11.80
Lowest price:                                          R11.62
Average price per share:                               R11.74
Value of transaction:                                  R2 450 283.48
Prior clearance was obtained from the Remuneration, Social and Ethics Committee of the Board of
Directors of the Company.


Vanderbijlpark Works
24 November 2016

Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd




For further information please contact:

Mr Themba Sepotokele

Manager: Corporate Communications, Corporate Affairs

Tel: (016) 889 2425

Date: 24/11/2016 05:40:00 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.