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HVL
 HVL                                                                             
HVL - Highveld Steel and Vanadium Corporation Limited - Appointment of Chairman 
Highveld Steel and Vanadium Corporation Limited                                 
Registration no. 1960/001900/06                                                 
(Incorporated in the Republic of South Africa)                                  
("Highveld")                                                                    
Share code:  HVL                                                                
ISIN code:  ZAE000003422                                                        
APPOINTMENT OF CHAIRMAN                                                         
On 4 May 2007, following the acquisition of control of Highveld by Evraz Group  
S.A., Godfrey Gomwe resigned as Director and Chairman of the Corporation, as    
announced in the cautionary announcement of the same date.                      
The Board has today, 9 May 2007, elected Leslie Boyd as Independent Non-        
executive Chairman of the Corporation.                                          
Emalahleni                                                                      
9 May 2007                                                                      
Sponsor                                                                         
JPMorgan Equities Limited                                                       
Date: 09/05/2007 16:35:01 Produced by the JSE SENS Department.

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