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HARMONY AND NUM RESOLVE DISPUTE AT KALGOLD

Release Date: 31/05/2002 16:27:31      Code(s): HAR
HARMONY AND NUM RESOLVE DISPUTE AT KALGOLD                                      
NEWS RELEASE                                                                    
Harmony Gold Mining Company Limited                                             
Share code  :  HAPS                                                             
ISIN        :  ZAE000015228                                                     
Johannesburg, 31 May 2002 - Harmony today announced the  details of the         
agreement reached with the National Union of  Mineworkers (NUM) at its          
Kalgold operations.                                                             
The parties settled on an average wage increase of 9% for the  lowest job       
category and 8% for the balance of the remainder of the employees.              
Bernard Swanepoel, chief executive, commented: "We are  obviously pleased       
with the final outcome of the negotiations.                                     
Although the process was protracted, and extended way beyond everybody`s        
expectations, both parties showed the necessary restraint and commitment to     
resolve the impasse.                                                            
"The focus at Harmony to protect our earnings performance of  the company       
remains as strong as ever."                                                     
Ends                                                                            
Date: 31/05/2002 04:26:00 PM Produced by the SENS Department                    



                                        
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