ACL
ACL
ACL - AMSA - Further cautionary announcement
ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
Registration number: 1989/002164/06
Share code: ACL & ISIN: ZAE000134961
("AMSA" or "the company")
Further cautionary announcement
Shareholders are referred to previous announcements released by the
company relating to Sishen Iron Ore Company (Proprietary) Limited
("SIOC"), the latest being on 22 July 2010 where an interim pricing
arrangement was reached between SIOC and AMSA in respect of the
supply of iron ore to AMSA from the Sishen Mine. SIOC and AMSA are
currently finalising their negotiations and hope to execute the
formal agreement in this regard shortly.
Shareholders are advised that an arbitration process is continuing.
AMSA has delivered its plea and counterclaim and has appointed its
arbitrator.
Accordingly shareholders are advised to continue to exercise
caution when dealing in the company`s securities until a further
announcement is made.
30 August 2010
Vanderbijlpark
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 30/08/2010 17:31:01 Produced by the JSE SENS Department.
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