Press release - Harmony delivers excellent first quarter results Harmony Gold Mining Company Limited ("Harmony" or "Company") Incorporated in the Republic of South Africa Registration number 1950/038232/06 JSE Share code: HAR NYSE Share code: HMY ISIN: ZAE000015228 Harmony delivers excellent first quarter results Johannesburg, Wednesday, 7 November 2012: Harmony Gold Mining Company Limited ('Harmony' or 'the Company') today announced that the September 2012 quarter was a solid start to financial year 2013. Gold production at continuing operations increased by 8% to 10 013kg (321 924oz), while operating profit is 9% higher at R1.4bn (US$171 million). Gold production from underground operations was 9% higher than the prior quarter, mainly driven by improved grade. Cash operating costs increased quarter on quarter, mainly due to two months of winter electricity tariffs and labour increases implemented on 1 July 2012. This resulted in the rand per kilogram unit cost increasing by 6% from R278 091/kg in the June 2012 quarter to R294 404/kg in this quarter. The rand gold price received during the quarter increased by 5% from R421 565/kg in the June 2012 quarter to R440 868/kg in the September 2012 quarter. Headline earnings per share increased quarter on quarter to 123 SA cents (15 US cents). Graham Briggs, chief executive officer of Harmony commented, "The Company continues to generate strong cash flows, with low debt and undrawn lending facilities. Our first quarter results reaffirm that Harmony is guided by a clear strategy and expert management teams delivering sustainable and competitive results." ends. Issued by Harmony Gold Mining Company Limited 7 November 2012 For more details contact: Henrika Basterfield Investor Relations Manager +27 (0) 82 759 1775 (mobile) Marian van der Walt Executive: Corporate and Investor Relations +27 (0) 82 888 1242 (mobile) Corporate Office: Randfontein Office Park P O Box 2 Randfontein South Africa 1760 T +27 (11) 411 2000 www.harmony.co.za JSE: HAR NYSE: HMY ISIN No.: ZAE000015228 Registration number: 1950/038232/06 Date: 07/11/2012 07:06:00 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.