(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 05/38232/06)
(NASDAQ TRADING SYMBOL: HGMCY)
("HARMONY")
CAUTIONARY ANNOUNCEMENT
SHAREHOLDERS AND OPTION HOLDERS OF HARMONY ARE ADVISED THAT NEGOTIATIONS ARE
TAKING PLACE WHICH, IF SUCCESSFULLY CONCLUDED, COULD HAVE AN IMPACT ON THE
SHARE PRICE OF THE COMPANY.
SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THESE SHARES UNTIL
A FURTHER ANNOUNCEMENT IS MADE.
JOHANNESBURG
30 MARCH 1998
SPONSORING BROKER
DEUTSE MORGAN GRENFELL