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Tue 27 Jan 2004, 17:07 ISCOR LIMITED - CHANGE TO THE BOARD OF DIRECTORS
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: ZAE000037453)                                                            
("Iscor")                                                                       
Change to the Board of Directors                                                
Mr. A M Thebyane, Executive Director of Human Resources has resigned from the   
Iscor Board of Directors with effect from 12 February, 2004.                    
Pretoria                                                                        
27 January, 2004                                                                
Sponsor to Iscor:                                                               
Deutsche Securities (SA) (Proprietary) Limited
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