ACL - ArcelorMittal South Africa Limited - Exercise of share options and

ACL - ArcelorMittal South Africa Limited - Exercise of share options and        
sale of shares by a 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")                                                  
EXERCISE OF SHARE OPTIONS AND SALE OF SHARES BY A DIRECTOR                      
In compliance with paragraphs 3.63 to 3.70 of the Listings Requirements         
of the                                                                          
JSE Limited, the following information is disclosed relating to the             
exercise of                                                                     
share options and the sale of shares by DK Chugh, a director of                 
ArcelorMittal South Africa:                                                     
Class of shares          :         Ordinary                                     
Nature of interest       :         Direct beneficial                            
Date of transaction      :         28 September 2011                            
Nature of transaction    :         Exercise of share options                    
Number of options exercised:       22 876                                       
Option strike price      :         R50.26                                       
Option grant date        :         2005/09/28                                   
Option lapse date        :         2011/09/28                                   
Total value              :         R1 149 748                                   
Class of security        :         Ordinary shares                              
Class of shares          :         Ordinary                                     
Nature of interest       :         Direct beneficial                            
Date of transaction      :         28 September 2011                            
Nature of transaction    :         Sale of shares                               
Type of trade            :         On market sale of shares                     
Clearance                :         Clearance was obtained in advanced           
Total value of shares    :         R1 353 994.40                                
Number of shares sold    :         22 876 shares sold as follows:               
                                  1 117 shares at R59 per share                 
                                  276 shares at R59.05 per share                
                                  21 483 shares at R59.20 per share             
Vanderbijlpark                                                                  
28 September 2011                                                               
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/09/2011 16:26:06 Supplied by www.sharenet.co.za                     
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