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Thu 2 Aug 2007, 12:31 HVL - Highveld - Company announcement
HVL
 HVL                                                                             
    HVL - Highveld - Company announcement                                       
                                                                                
    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                                                    
                                                                                
    Company Announcement                                                        
                                                                                
Shareholders are referred to the Further Cautionary Announcement published  
    on 14 July 2006 where shareholders were advised that Evraz Group S.A.       
    ("Evraz") had an option to acquire Credit Suisse`s entire shareholding in   
    Highveld.                                                                   

    The attention of shareholders is drawn to the announcement issued on 1      
    August 2007 by Evraz regarding a decision to exercise the option and        
    acquire Credit Suisse`s shareholding.  A copy of the text of the            
announcement is attached below for information purposes.                    
                                                                                
    Emalahleni                                                                  
    2 August 2007                                                               
Sponsor                                                                     
    J.P. Morgan Equities Limited                                                
    Registration number 1995/011815/06                                          
Date: 02/08/2007 12:31:01 Produced by the JSE SENS Department.
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