ARCELORMITTAL SOUTH AFRICA LIMITED - ACL ISIN - Dealings in Securities By Normal Share Scheme Participants

ACL ISIN - Dealings in Securities By Normal Share Scheme Participants

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")

DEALINGS IN SECURITIES BY NORMAL SHARE SCHEME PARTICIPANTS

Pursuant to 144 normal share scheme participants accepting allocation of the 2017 grant and
participating in terms of the Long Term Incentive Plan (“LTIP”) Rules, the following information is
disclosed:


Company:                         ArcelorMittal South Africa
Class of securities:             Ordinary shares
Date of transaction:             8 May 2017
Number of LTIP shares:           7 293 003
Issue Price:                     R7.62
Total value of transaction:      R55,572,682.86
Nature of transaction:           Off market acceptance of LTIP Grant in terms of Scheme Rules
Nature of interest:              Direct Beneficial


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 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
10 May 2017

For further information please contact:
Themba Sepotokele, Corporate Communications, Branding and Social Media

Tel:+27 16 889 2425


Sponsor to ArcelorMittal South Africa Limited
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 10/05/2017 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.