De- Listing of Securities EVRAZ Highveld Steel and Vanadium Limited (Incorporated in the Republic of South Africa) (Registration No: 1960/001900/06) Share code: EHS ISIN: ZAE000146171 (“Highveld” or “the Company”) DE-LISTING OF SECURITIES Shareholders are advised that the Company entered into Business Rescue in terms of the Companies Act, 71 of 2008 on 13 April 2015 and failing the proposed sale of the Company to IRL, the Joint Business Rescue Practitioners implemented proposal 3 of the business rescue plan which envisaged the orderly wind down of the Company, which is still currently ongoing. Unfortunately, due to the current status of the Company and given the current suspension of the Company listing, the Company is unable to meet its obligations in terms of the JSE Listing Requirements. In light of the above, the Issuer believes that it is in the best interests of the Company to support a decision by the JSE for the removal of the Issuers listing Shareholders are therefore advised that the JSE, on 12 July 2017, granted the Company’s request for delisting. Last day to trade Tuesday, 15 August 2017 Record date Friday, 18 August 2017 Termination date Tuesday, 22 August 2017 Notes: 1. All of the dates and times set out in this announcement are subject to change, with the approval of the JSE, if required. Any change in the dates and times will be published on SENS and in the South African press. 2. All times given in this announcement are local times in South Africa. 3. No dematerialisation or rematerialisation of Highveld Shares may take place after the LDT. 1 eMalahleni 25 July 2017 J.P. Morgan Equities South Africa (Pty) Ltd. Sponsor 2 Date: 25/07/2017 08:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.