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ISCOR LIMITED - CHANGE TO THE BOARD OF DIRECTORS                                
ISCOR LIMITED                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1989/002164/06)                                           
(Share code: ISC)                                                               
(ISIN: ZAE000022729)                                                            
("Iscor")                                                                       
Change to the Board of Directors                                                
Mr. W F Coertzen has resigned as Iscor"s Executive Director, Flat Steel Products
with effect from 31 October 2003.                                               
The Iscor Board has accepted his resignation with regret and thanked Mr Coertzen
for his contribution.                                                           
Pretoria                                                                        
5 November 2003                                                                 
Issued by sponsor:                                                              
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 05/11/2003 09:25:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department

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