ARCELORMITTAL SOUTH AFRICA LIMITED - ACL: Resignation Of Chief Financial Officer And Executive Director

ACL: Resignation Of Chief Financial Officer And Executive Director

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”)


RESIGNATION OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR

In compliance with paragraph 3.59(b) of the Listings Requirements of
the JSE Limited, shareholders are advised that Mr Dean Subramanian
has given notice to resign as the Chief Financial Officer and
Executive Director of ArcelorMittal South Africa with effect from 31
July 2018, to pursue an opportunity outside the company.

Mr Subramanian would as at July 2018 have served a term of
approximately 3 years as the Chief Financial Officer and Executive
Director and has during this time made a significant contribution to
the company.


The process to find a successor will commence immediately and the
company will consider appropriate internal and external candidates.
Shareholders will be advised once a decision in this regard has been
made.


The Chairman of the Board of Directors (“Board”),Mr Mpho
Makwana, expressed the Board's and Chief Executive Officer’s full
appreciation to Mr Subramanian for his energy and the valuable
contribution that he has made to the company.


8 May 2018
Vanderbijlpark Works


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

For further information please contact:
Mr Hennie Vermeulen
Group Manager: Corporate Communications
Tel: (016) 889 2352
Vanderbijlpark Works

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