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Highveld - Announcement                                                         
Highveld Steel and Vanadium Corporation Limited                                 
A member of the Anglo American plc Group                                        
Registration no. 1960/001900/06                                                 
(Incorporated in the Republic of South Africa)                                  
(`Highveld` or `the corporation`)                                               
Share code:  HVL                                                                
ISIN code:  ZAE000003422                                                        
ANNOUNCEMENT                                                                    
Further and notwithstanding the announcement published on 21 February 2005 the  
corporation confirms that neither the directors nor any officers of the         
corporation are in possession of any price sensitive information regarding the  
approaches mentioned in the aforementioned publication.                         
Witbank                                                                         
22 February 2005                                                                
Sponsor                                                                         
CAZENOVE

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