ACL - ArcelorMittal South Africa Limited - Renewal of cautionary announcement:
ACL
ACL
ACL - ArcelorMittal South Africa Limited - Renewal of cautionary announcement:
Sishen Iron Ore Company Limited
ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
Registration number: 1989/002164/06
Share code: ACL
ISIN: ZAE000134961
("ArcelorMittal South Africa")
RENEWAL OF CAUTIONARY ANNOUNCEMENT: SISHEN IRON ORE COMPANY LIMITED ("SIOC")
Shareholders are referred to the announcement released by ArcelorMittal South
Africa on 22 July 2010 where it was announced that an interim pricing
arrangement had been reached between SIOC and ArcelorMittal South Africa for the
period 1 March 2010 to 31 July 2011 ("the interim agreement") and the various
renewal cautionary announcements, the latest being 17 May 2011.
In addition, it was announced on 17 May 2011 that SIOC and ArcelorMittal South
Africa have agreed to an addendum which extends the interim agreement on the
same terms and conditions for another 12 months to endure to 31 July 2012 to
allow for the arbitration proceedings between the companies which is anticipated
to take place in the first half of 2012.
Shareholders are advised that there have been no new developments on this matter
and that a further renewal of the cautionary announcement will only be issued
once the Board of ArcelorMittal South Africa has further information to report.
For further information please contact:
Themba Hlengani - Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158
Vanderbijlpark
25 July 2011
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 25/07/2011 17:25:01 Produced by the JSE SENS Department.
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