Highveld Steel And Vanadium Corporation Limited - Dealing In Securities 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
DEALING IN SECURITIES BY A DIRECTOR
In compliance with the relevant provisions of the JSE Listings Requirements, the
following information was disclosed on 8 March 2005 wherein an executive
director, Mr E Barnardo exercised share options as follows:
Strike price : R28.75
Vesting date : 14.08.1995
Exercise date : 08.03.2005
Number of shares : 10 000
Total value : R287 500.00
Nature of interest : Direct beneficial
Mr E Barnardo sold the above shares on 9 March 2005. The shares, which he took
delivery of following the exercise of the option, have been sold on the
following terms:
Transaction date : 9 March 2005
Number of shares : 10 000
Class of security : Ordinary shares of 100 cent each
Transaction price : R50.7589
Total value : R507 589.00
Extend of interest : Direct beneficial
In terms of Section 3.66 of the Listings Requirements prior clearance to deal in
the above securities has been obtained from the chairman of the Board of
Highveld.
Witbank
10 March 2005
Sponsor
JP MORGAN EQUITIES LIMITED
Date: 10/03/2005 03:22:06 PM
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