ACL - ArcelorMittal South Africa - Arcelormittal South Africa Bee Transaction
ACL
ACL
ACL - ArcelorMittal South Africa - Arcelormittal South Africa Bee Transaction
("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 ("BEE TRANSACTION"): RENEWAL OF
CAUTIONARY ANNOUNCEMENT
Shareholders of ArcelorMittal South Africa ("Shareholders") are referred to the
announcement dated 10 August 2010, informing Shareholders that ArcelorMittal
South Africa has entered into a Subscription and Shareholders` Agreement, to
give effect to the BEE Transaction; and to the renewal of cautionary
announcements dated 30 August 2010, 21 October 2010 and 2 December 2010.
Shareholders are advised that ArcelorMittal South Africa`s consideration of
matters relevant to the BEE Transaction is ongoing, and satisfaction of the
conditions precedent remain outstanding.
Accordingly, Shareholders are further advised to continue exercising caution
when dealing in ArcelorMittal South Africa securities, until a full announcement
is made.
Vanderbijlpark
Wednesday, 19 January 2011
For further information please contact:
Themba Hlengani - Manager Corporate Communications
Tel: (016) 889 2425 or 083 440 0158
Financial advisors
Goldman Sachs International
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal Advisors
Werksmans Attorneys
Date: 19/01/2011 08:01:03 Produced by the JSE SENS Department.
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