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JSE   HVLAIA
 ACMB                                                                            
Absa Limited - Dividend announcement in relation to the Highveld Steel &        
Vanadium Corporation Ltd (HVL) Share Instalments                                
Share Code:  HVLAIA                                                             
ISIN Code: ZAE000072575                                                         
DIVIDEND ANNOUNCEMENT IN RELATION TO HIGHVELD STEEL AND VANADIUM CORPORATION    
LIMITED SHARE INSTALMENTS                                                       
Notice is hereby given that as a result of the dividend declaration relating to 
Highveld Steel & Vanadium Corporation Ltd (HVL) the holders of HVL Share        
Instalments will receive a Highveld Steel & Vanadium Corporation Ltd dividend of
400c per security.                                                              
Last date to trade cum dividend    Friday, 03 March 2006                        
Ex-Dividend Date                   Monday, 06 March 2006                        
Record Date                        Friday, 10 March 2006                        
Payment Date                       Monday, 13 March 2006                        
For further information contact                                                 
Absa Equity Derivatives                                                         
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Sponsor                                                                         
Absa Corporate & Merchant Bank - Corporate Finance                              
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
Date: 16/02/2006 04:05:40 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                

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