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Wed 4 Apr 2007, 17:45 HVL - Highveld Steel and Vanadium Corporation Limi
HVL
 HVL                                                                             
HVL - Highveld Steel and Vanadium Corporation Limited - Further Cautionary      
Highveld Steel and Vanadium Corporation Limited                                 
Registration no. 1960/001900/06                                                 
(Incorporated in the Republic of South Africa)                                  
("Highveld" or `the Corporation")                                               
Share code: HVL                                                                 
ISIN code:  ZAE000003422                                                        
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the initial Cautionary Announcement published on 26
October 2005 as well as to subsequent cautionary announcements relating to the  
sale by Anglo American plc ("Anglo American") of its shareholding in Highveld,  
as well as the further cautionary announcement on 21 February 2007 regarding the
ruling of the European Commission.                                              
The Corporation was advised that the South African Competition Commission on 2  
April 2007 has approved and forwarded the application to the Competition        
Tribunal for final approval.                                                    
Shareholders are advised to continue to exercise caution when dealing in        
Highveld shares.                                                                
Witbank                                                                         
4 April 2007                                                                    
Sponsor: J.P.Morgan Equities Limited                                            
Date: 04/04/2007 17:45:01 Produced by the JSE SENS Department.
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