We suggest a way to study possible conformal symmetries on black hole horizons. We do this by carrying out a Kaluza-Klein like reduction of the Einstein-Hilbert action along the ignorable coordinates of stationary and axisymmetric black holes. Rigid diffeomorphism invariance of the -ignorable coordinates then becomes a global gauge symmetry of the reduced action. Related to each non-vanishing angular velocity there is a particular subgroup, which can be extended to the Witt algebra on the black hole horizons. The classical Einstein-Hilbert action thus has -copies of infinite dimensional conformal symmetries on a given black hole horizon, with being the number of non-vanishing angular velocities of the black hole.

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