HIGHVELD STEEL AND VANADIUM CORPORATION LIMITED
Registration no. 1960/001900/06
(Incorporated in the Republic of South Africa)
A member of the Anglo American plc group
PROFIT WARNING
It was announced in the annual report for 2000 that market conditions at the
start of 2001 were adverse and that it would be difficult to maintain
earnings in 2001.
The world carbon and stainless steel markets have deteriorated further than
expected and the Board cautions that the financial results for the first six
months of 2001 will be significantly lower than those of the corresponding
period last year.
For and on behalf of the Board
J Theiss
Company Secretary
Witbank
3 July 2001
Sponsor
Cazenove
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