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Mon 20 Nov 2006, 11:44 Mittal Steel South Africa - Offer of Share Options
MLA
 MLA                                                                             
Mittal Steel South Africa - Offer 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")                                  
OFFER 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 offered to the Chief Executive Officer, and in terms of    
the rules of the scheme he has 14 days in which to accept the offer.            
Name:                           Enrico Mario Reato                              
Position held:                  Chief Executive Officer                         
Company:                        Mittal Steel South Africa                       
Nature of transaction:          Offer of options                                
Number of securities:           24 990                                          
Price of securities:            R 86.00                                         
Total value of securities:      R 2 149 140                                     
Class of security:              Ordinary shares                                 
Offer date:                     20 November 2006                                
Nature of interest:             Direct beneficial                               
Vanderbijlpark                                                                  
20 November 2006                                                                
Sponsor to Mittal Steel South Africa:                                           
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 20/11/2006 11:44:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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