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 132 normal share scheme participants* accepting the allocation of the 2018 grant and participating in terms of ArcelorMittal South Africa’s Long Term Incentive Plan (“LTIP”), the following information is disclosed: Company: ArcelorMittal South Africa Class of securities: Ordinary shares Date of transaction: 27 June 2018 (Acceptance Date) Number of LTIP shares: 19 576 763 Grant Price: R2.39** Vesting period: Conditional awards vest after three years on certain performance criteria being met in terms of the LTIP. Total value of transaction: R46,788,463.57 Nature of transaction: Off market acceptance of conditional awards granted on 21 June 2018 in terms of the LTIP Nature of interest: Direct beneficial Clearance obtained: Yes *An Employee as defined in terms of the LTIP. **Using the volume weighted average price of 2,3880 on 21 June 2018, with the number of awards rounded to the closest whole number of shares. The LTIP has been established in accordance with the Listings Requirements of the JSE Limited 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. The details of the LTIP is set out in the Remuneration Report contained within the 2017 Integrated Annual Report. Vanderbijlpark Works 29 June 2018 For further information please contact: Mr Hennie Vermeulen Group Manager: Corporate Communications Tel: (016) 889 2352 Sponsor to ArcelorMittal South Africa Limited Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 29/06/2018 02:24:00 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.