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Fri 16 Sep 2005, 9:17 Mittal Steel South Africa Limited - Granting Of Sh
Mittal Steel South Africa Limited - Granting Of Share Options                   
Mittal Steel South Africa Limited                                               
(Formerly Ispat Iscor Limited, prior to that Iscor Limited)                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1989/002164/06)                                           
Share Code:  MLA                                                                
ISIN:  ZAE000064044                                                             
(`Mittal Steel South Africa` or `the Company`)                                  
GRANTING OF SHARE OPTIONS                                                       
In compliance with paragraph 3.63 - 3.74 of the Listings Requirements of the JSE
Limited, we hereby advise, that the following options in Mittal Steel securities
have been granted to the Executive Director Finance.                            
Director                           Harak Chand Banthia                          
Position held                      Executive Director Finance                   
Company                            Mittal Steel                                 
Nature of transaction              Grant of options                             
Number of securities               150 300                                      
Price                              R 51-00                                      
Total value of transaction         R 7 665 300-00                               
Class of security                  Ordinary shares                              
Nature of interest                 Direct beneficial                            
Offer Date                         Options granted per a letter dated 15        
                                   September 2005 but effective 7 September 2005
Vanderbijlpark                                                                  
16 September 2005                                                               
Sponsor to Mittal Steel South Africa:                                           
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 16/09/2005 09:09:12 AM          
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