ARCELORMITTAL SOUTH AFRICA LIMITED - ArcelorMittal South Africa and Sishen Iron Ore Company Proprietary Limited (SIOC)
ACL 201303280112A
ArcelorMittal South Africa and Sishen Iron Ore Company Proprietary Limited (“SIOC”)
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 AND SISHEN IRON ORE COMPANY
PROPRIETARY LIMITED (“SIOC”)
Shareholders are advised that the Supreme Court of Appeals (“SCA”)
has dismissed the appeal by the Department of Mineral Resources and
Imperial Crown Trading 289 (“ICT”) against the North Gauteng High
Court judgment, delivered in December 2011, which held that SIOC was
granted exclusive rights to mine iron ore at the Sishen mine in 2008
and set aside the granting of prospecting rights to ICT.
The SCA has thus upheld the relief which was sought by ArcelorMittal
South Africa in the High Court proceedings. The ruling paves the way
for ArcelorMittal South Africa and SIOC to resume the arbitration
process that was postponed pending the outcome of the SCA ruling.
28 March 2013
Vanderbijlpark
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
For further information please contact:
Themba Hlengani
Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158
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