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HARMONY FACES UNREALISTIC DEMANDS FOR IMPROVED BENEFITS

Release Date: 15/05/2002 14:51:05      Code(s): HAR
HARMONY FACES UNREALISTIC DEMANDS FOR IMPROVED BENEFITS                         
Harmony Gold Mining Co. Ltd. - News Release                                     
Johannesburg, 15 May 2002 - Harmony today announced that pending  industrial    
action by the National Union of Mineworkers (NUM) is looming at a second  of    
its operations in as many weeks.                                                
Last  week  Union  members  at Harmony`s Kalgold operation  went  out  on  a    
unprotected strike. This week at its Randfontein operations, management  was    
informed  of  the  unions intention to embark on industrial  action  due  to    
management`s refusal to accept to the unions demand to increase  living  out    
allowances  from R351.00 to R1500.00 per month.  Living out  allowances  are    
paid  to employees who elect not to stay in the company`s mine hostels  free    
of charge.                                                                      
Commenting  on  the pending strike, chief executive Bernard Swanepoel  said:    
"Randfontein pays amongst the top living out allowances in the industry  and    
to  demand  a 327% increase in this allowance, indicates the confusion  that    
the exchange rate and gold price has brought within the minds of some of our    
stakeholders.  In  the long term interest of the South African  gold  mining    
industry, opportunistic positioning by all stakeholders must be resisted".      
Harmony`s Randfontein operations is covered by the Chamber of                   
Mines two year wage agreement, which guarantees a minimum                       
basic rate of R2000.00 for underground employees by October 2002 and a  7,5%    
across  the  board increase for the remainder of the employees  in  the  NUM    
bargaining unit.                                                                
The strike is due to start on Thursday, 16 May 2002, at night shift.            
Ends                                                                            
For further details contact:                                                    
Bernard Swanepoel on +27(0)83-303-9922                                          
or                                                                              
Ferdi Dippenaar                                                                 
on +27(0)82-807-3684                                                            
Issued by Harmony Gold Mining Company Limited                                   
Contact:                                                                        
Corne Bobbert                                                                   
Tel +27 11 411 2036                                                             
Fax +27 11 411 2169 Mobile +27 83 380 6614                                      
E-mail: cbobbert@harmony.co.za                                                  
Web Site:                                                                       
www.harmony.co.za                                                               
Date: 15/05/2002 02:50:02 PM Produced by the SENS Department                    



                                        
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