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Mon 21 Jan 2008, 10:18 HVL - Highveld - Announcement Relating To The Disposal
HVL
 HVL                                                                             
HVL - Highveld - Announcement Relating To The Disposal                          
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                                                        
Announcement Relating To the Disposal of Certain Vertically Integrated Vanadium 
Assets of Highveld                                                              
In an announcement dated 21 November 2007, Highveld shareholders were advised   
that the sale of certain vertically integrated vanadium assets ("the disposal   
transaction") was ongoing and that the European Commission extended the deadline
for the conclusion of the disposal transaction to 20 January 2008.              
The European Commission has now further extended the deadline to 20 April 2008. 
Full details of the disposal transaction will be published in accordance with   
the Listings Requirements of the JSE Limited as soon as the disposal transaction
is concluded.                                                                   
21 January 2008                                                                 
eMalahleni                                                                      
Investment bank and transaction advisor                                         
The Standard Bank of South Africa Limited                                       
Sponsor                                                                         
J.P. Morgan Equities Limited                                                    
Attorneys                                                                       
Tabacks                                                                         
Date: 21/01/2008 10:18:40 Produced by the JSE SENS Department.                  
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