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Fri 15 Jul 2005, 15:37 Highveld - Withdrawal of cautionary announcement
Highveld - Withdrawal of cautionary 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                                                        
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Shareholders are referred to the cautionary announcement released on 21 February
2005. The Corporation has decided that, in view of the significant decrease in  
silica manganese export prices, the disposal of Transalloys would not serve to  
maximise shareholder value at this time.                                        
The disposal process for Rand Carbide is continuing, but the value attributable 
to Rand Carbide is not financially material to Highveld. Consequently,          
shareholders are advised that they no longer need exercise caution when trading 
in their Highveld shares.                                                       
Witbank                                                                         
15 July 2005                                                                    
Sponsor                                                                         
JPMorgan                                                                        
Date: 15/07/2005 03:18:02 PM                    
Produced by the JSE SENS Department                                             
                                                                                
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