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Tue 19 Jun 2007, 15:18 HVL - Highveld - Posting of Response Document and
HVL
 HVL                                                                             
HVL - Highveld - Posting of Response Document and Reminder of Cautionary        
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                                                        
POSTING OF RESPONSE DOCUMENT AND                                                
REMINDER OF CAUTIONARY ANNOUNCEMENT OF 11 JUNE 2007                             
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 to Evraz Group S.A. ("Evraz"), and specifically to the announcement    
issued by Evraz on 4 June 2007 regarding the offer to minority shareholders     
and the offer document posted to shareholders.                                  
Shareholders are herewith advised that the Board has formulated a response to   
the offer and has today posted its response document to shareholders.           
Shareholders` attention is further drawn to the cautionary announcement dated   
11 June 2007 relating to the negotiations regarding the potential sale of       
Transalloys, one of Highveld`s ferro-alloy divisions and are therefore advised  
to continue to exercise caution in dealing in their Highveld shares until a     
further announcement in respect of the potential sale is made.                  
Emalahleni                                                                      
19 June 2007                                                                    
Sponsor:                                                                        
J.P. Morgan Equities Limited                                                    
Date: 19/06/2007 15:18:59 Produced by the JSE SENS Department.
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