Highveld Steel And Vanadium Corporation Limited - EXERCISE OF SHARE OPTIONS BY A
DIRECTOR
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
EXERCISE OF SHARE OPTIONS BY A DIRECTOR
In compliance with the relevant provisions of the JSE Listings Requirements, the
following information is disclosed wherein the chairman, Mr TE Jones exercised
share options as follow:
Strike price : R28.75
Vesting date : 14.08.1995
Exercise date : 07.03.2005
Number of shares : 30 000
Total value : R862 500.00
Nature of interest : Direct beneficial
The shares will be sold in due course for appropriate alignment with his desired
investment portfolio.
In terms of Section 3.66 of the Listings Requirements prior clearance to deal in
the above securities has been obtain from the designated director of the Board
of Highveld.
Witbank
7 March 2005
Sponsor
JP MORGAN
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