Highveld - Director`s Dealing In Securities
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
A member of the Anglo American plc group
DIRECTOR`S DEALING IN SECURITIES
In compliance with the relevant provisions of the JSE Listings Requirements, the
following information was disclosed on 7 October 2004 wherein the chairman, Mr
TE Jones exercised share options as follows:
Strike price : R10.50
Vesting date : 02.02.1998
Exercise date : 07.10.2004
Number of shares : 6 000
Total value : R63 000
Nature of interest : Direct beneficial
Mr Jones sold the above shares on 7 October 2004. The shares, which he took
delivery of following the exercise of the options, have been sold on the
following terms:
Transaction date : 7 October 2004
Number of shares : 6 000
Class of security : Ordinary shares of 100 cent each
Transaction price : R31.0050
Total value : R186 030.00
Extent of interest : Direct beneficial
In terms of Section 3.66 of the JSE Listings Requirements prior clearance to
deal in the above securities has been obtained from the designated director of
the Board of Highveld.
Witbank
8 October 2004
Sponsor
Cazenove
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