HIGHVELD - TRADING STATEMENT AND CAUTIONARY 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
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
In terms of the JSE listing requirements Highveld hereby advises its financial
results for the year ending December 2003 will be substantially below those for
the comparative period of the previous year due mainly to a depressed local
steel market and lower proceeds from export sales due to the strong Rand. This
is in line with the trading update issued on 9 May 2003 and comments included in
Highveld"s interim results issued on 5 August 2003.
This expectation has not been reviewed by Highveld"s auditors and shareholders,
and shareholders are therefore advised to exercise caution when dealing in
Highveld shares until the financial results are published on or about 10
February 2004.
Witbank
10 December 2003
Sponsor
CAZENOVE
Date: 10/12/2003 04:16:03 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
