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Mon 5 Apr 2004, 14:22 PUBLICATION OF ANNUAL FINANCIAL STATEMENTS
HIGHVELD STEEL AND VANADIUM CORPORATION LIMITED - PUBLICATION OF ANNUAL         
  FINANCIAL STATEMENTS AND NO CHANGE STATEMENT                                    
  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                                   
  PUBLICATION OF ANNUAL FINANCIAL STATEMENTS AND NO CHANGE STATEMENT              
  The corporation has published the annual financial statements for 2003, which   
  included the notice of the annual general meeting, which is to be held on 7 May 
  2004. The financial report and annual financial statements are unchanged from   
  that published on 11 February 2004.                                             
  Witbank                                                                         
  5 April 2004                                                                    
  Sponsor                                                                         
  CAZENOVE                                                                        
  Date: 05/04/2004 01:59:17 PM Produced by the JSE SENS Department
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