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ACL
ACL
ACL - ArcelorMittal South Africa Limited - offer and acceptance of share options
ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share Code: ACL
ISIN: ZAE000103453
("ArcelorMittal South Africa" or "the Company")
OFFER AND ACCEPTANCE OF SHARE OPTIONS
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise, that the following options in ArcelorMittal South
Africa securities have been offered to and accepted by the Executive Director,
Finance.
Name Hendrik Jacobus Verster
Position held Executive Director, Finance
Company ArcelorMittal South Africa
Nature of transaction Grant and acceptance of options
Number of securities 34 020
Price of securities R133-50
Exercise value of securities R4 541 670-00
Class of security Ordinary shares
Offer date 20 November 2007
Nature of interest Direct beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
CHANGES IN SHARE OPTIONS DUE TO CAPITAL REDUCTION
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise, that due to the capital reduction announced on 1
August 2007 the options granted and accepted by the Executive Director, Finance
have been adjusted in terms of the rules of the scheme as follows:
Name Hendrik Jacobus Verster
Position held Executive Director, Finance
Company ArcelorMittal South Africa
Nature of transaction Changes to options already granted
and accepted
Offer Date Original Offer Adjusted Offer Number of Number of
Price Price Options Prior Options After
the Adjustment the Adjustment
12/12/2006 R92.20 R82.02 5 250 5 950
18/3/2003 R16.10 R14.32 7 000 7 869
7/5/2002 R18.15 R16.15 26 760 32 486
8/11/2006 R94.29 R83.88 52 470 59 523
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
Vanderbijlpark
21 November 2007
Sponsor to ArcelorMittal South Africa
Deutsche Securities (SA) (Proprietary) Limited
Date: 21/11/2007 16:39:18 Produced by the JSE SENS Department.
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