ACL
ACL
ACL - ARCELORMITTAL - Arcelormittal BEE transaction ("AMSA BEE Transaction"):
Renewal of cautionary announcement
ARCELORMITTAL SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
("ArcelorMittal South Africa")
ARCELORMITTAL SOUTH AFRICA BEE TRANSACTION ("AMSA BEE TRANSACTION"): RENEWAL OF
CAUTIONARY ANNOUNCEMENT
Shareholders of ArcelorMittal South Africa ("Shareholders") are referred to the
announcement released on SENS on 10 August 2010 and published in the South
African press on 11 August 2010, informing Shareholders that ArcelorMittal South
Africa has entered into a Subscription and Shareholders` Agreement, to give
effect to the AMSA BEE Transaction; and to the renewal of cautionary
announcement released on SENS on 30 August 2010 and published in the press on 31
August 2010.
ArcelorMittal South Africa`s consideration of matters relevant to the AMSA BEE
Transaction is ongoing, and satisfaction of the conditions precedent remain
outstanding.
A further announcement advising the expected date for disclosure of the pro
forma financial effects of the AMSA BEE Transaction and containing an amended
timetable for the related circular process, will be made in due course.
Accordingly, Shareholders are advised to continue exercising caution when
dealing in ArcelorMittal South Africa securities, until such further
announcement is made.
Vanderbijlpark
Thursday 21 October 2010
For further information please contact:
Themba Hlengani - Manager Corporate Communications
Tel: (016) 889 2425 or 083 440 0158
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal Advisors
Werksmans Attorneys
Date: 21/10/2010 13:13:01 Produced by the JSE SENS Department.
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