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Thu 9 Nov 2006, 15:38 Mittal Steel South Africa Limited - Grant of share
MLA
 MLA                                                                             
Mittal Steel South Africa Limited - Grant of share options                      
Mittal Steel South Africa 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")                                  
GRANT OF SHARE OPTIONS                                                          
In compliance with paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, we hereby advise, that the following options in Mittal Steel securities
have been granted to the Chief Executive Officer.                               
Name:                           Enrico Mario Reato                              
Position held                   Chief Executive Officer                         
Company:                        Mittal Steel South Africa                       
Nature of transaction:          Grant of options                                
Number of securities            55 190                                          
Price of securities             R 94.29                                         
Total value of securities       R 5 203 865,80                                  
Class of security               Ordinary shares                                 
Offer date:                     8 November 2006                                 
Nature of interest:             Direct beneficial                               
Clearance in terms of 3.66 of the JSE Limited Listings Requirements has been    
obtained.                                                                       
Vanderbijlpark                                                                  
09 November 2006                                                                
Sponsor to Mittal Steel South Africa:                                           
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 09/11/2006 03:38:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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