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Highveld - Change In Directorate                                                
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                                                        
CHANGE IN DIRECTORATE                                                           
Mr PM Baum has given notice of his resignation as director of the corporation   
with effect from 16 February 2004.                                              
Witbank                                                                         
19 February 2004                                                                
Sponsor                                                                         
Cazenove South Africa (Pty) Ltd                                                 
Date: 19/02/2004 09:17:00 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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