ArcelorMittal South Africa Annual Report 2009 Annexure 2: Investments in subsidiaries Country of incorpora- tion¹ Func- tional currency Issued capital (unlisted ordinary shares) Interest of company Shares Indebtedness 2009 R 2008 R 2009 Rm 2008 Rm PROPERTY Yskor Landgoed (Proprietary) Limited RSA ZAR 4 000 4 000 4 000 (94) (94) MANUFACTURING Iscor Building Systems (Proprietary) Limited RSA ZAR 100 100 100 Saldanha Steel (Proprietary) Limited RSA ZAR 2 000 1 009 1 009 4 251                4 082 SERVICE (December 2008: R4 billion). ArcelorMittal South Africa Investments and Trading One Limited³ RSA ZAR 9 10 3 000 000 Ferrosure (Isle of Man) Insurance Co Limited 4 IOM USD 70 12 011 246      12 011 246 MSSA Investments BV NEH USD     134 669    241 105 200    241 105 200 Pybus Fifty-Seven (Proprietary) Limited RSA ZAR 1 1 000 1 000 403 402 Vicva Investments and Trading Nine (Proprietary) Limited RSA ZAR 1 1 000 1 000 3 918 Dombotema Mining Investments (Proprietary) Limited RSA ZAR 100 100 100 ArcelorMittal South Africa Distribution (Proprietary) Limited⁵ RSA ZAR 100 100 100 63 ArcelorMittal African Investments Mauritius USD 100 716 716 10 179 ArcelorMittal Pipes and Tubes (Proprietary) Limited RSA ZAR 1 1 1 Total investments in subsidiaries (note 21) 253 124 482     256 124 472       8 551       4569 1 RSA Republic Of South Africa. ² This amount includes the shareholders' loan of R8 billion (December 2008: R8 billion) and intercompany advances of R4 billion. 3 The name of the company was change from Ferrosure (South Africa) Insurence Co Limited as from 8 July 2009. The capital was reduced from R3 000 000 to R 10. 4 Issued capital is non-voting redeemable preference shares. 5 The name of the company was changed from Mabwetema Mining Investments (Proprietary) Limited as from 5 June 2008.