PETMIN - ANNOUNCEMENT TO SHAREHOLDERS

PETRA MINING LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 72/01062/06)
("PETMIN")
ANNOUNCEMENT TO SHAREHOLDERS

SHAREHOLDERS ARE ADVISED TO REFER TO THE CIRCULAR TO SHAREHOLDERS DATED 19
JANUARY 1999 ("THE CIRCULAR") AND THE ANNOUNCEMENT TO SHAREHOLDERS DATED 11
FEBRUARY 1999 ("THE FEBRUARY ANNOUNCEMENT") WHEN READING THIS ANNOUNCEMENT.
COPIES OF THE CIRCULAR AND THE FEBRUARY ANNOUNCEMENT ARE AVAILABLE AT THE
REGISTERED OFFICE OF THE COMPANY.

AS STATED IN PARAGRAPH 17 OF THE CIRCULAR, RONHOLD INVESTMENTS (PROPRIETARY)
LIMITED ("RONHOLD") HAS BROUGHT AN APPLICATION AGAINST PETMIN AND HARMONY GOLD
MINING COMPANY LIMITED ("HARMONY") TO INTERDICT THE FINALISATION OF THE
AGREEMENT DATED 2 DECEMBER 1998 BETWEEN HARMONY AND PETREX (PROPRIETARY)
LIMITED ("PETREX"), A WHOLLY OWNED SUBSIDIARY OF PETMIN, WHEREBY PETREX
ACQUIRED 100% OF THE ISSUED SHARE CAPITAL OF AND SHAREHOLDERS LOANS AGAINST
GROOTVLEI PROPRIETARY MINES LIMITED AND CONSOLIDATED MODDERFONTEIN MINES
LIMITED ("THE ACQUISITION AGREEMENT").

SHAREHOLDERS ARE HEREBY ADVISED THAT RONHOLD HAS WITHDRAWN ITS APPLICATION AND
TENDERED THE COSTS OF THE APPLICATION. THE ORDINARY SHARES ISSUED IN PETMIN IN
TERMS OF THE ACQUISITION AGREEMENT CAN NOW BE TRADED ON THE JOHANNESBURG STOCK
EXCHANGE.
PRETORIA
21 APRIL 1999
REGISTERED ADDRESS:
5TH FLOOR
GUARANTEE HOUSE
28 VISAGIE STREET
PRETORIA
0002
SPONSORING BROKER
BOE SECURITIES (PTY) LTD
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
CO REG NO 96/15589/07