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Harmony - Seismic Event Impacts On Evander No. 8 Shaft Production

Release Date: 15/07/2002 17:16:00      Code(s): HAR
Harmony - Seismic Event Impacts On Evander No. 8 Shaft Production               
Harmony Gold Mining Co. Ltd.                                                    
NEWS RELEASE                                                                    
Johannesburg, 15 July 2002 - Harmony today announced that production at         
its No. 8 Shaft in Evander will be affected for twelve weeks by the             
severe seismic event that occurred on Friday July 12th 2002.                    
The sub-vertical rock winder on 11 Level bore the brunt of the event.           
This will result in the shaft being unable to achieve its planned               
production levels of 40 000 ozs per quarter.                                    
Production levels of 15 000 ozs are planned for the 12 weeks during             
which repairs to infrastructure will occur. Some employees will be re-          
deployed to development sections, targeting mainly higher grade areas           
which will be mined when production                                             
"We are extremely relieved that our employees were safely rescued from          
the mine. Our safety designs for these unforeseen events worked well.           
The impact of the event on our production will fortunately be of a short        
term nature and we expect the shaft to be back to its operational best          
within 3 months," commented Bernard Swanepoel, chief executive.                 
Harmony is currently the 3rd largest gold producer in South Africa,             
producing some 3.2 million ounces per annum.                                    
For further details contact:                                                    
Bernard Swanepoel                                                               
on +27(0)83 303 9922                                                            
Ferdi Dippenaar                                                                 
on +27(0)82 807 3684                                                            
Issued by Harmony Gold Mining Company Limited                                   
Corne Bobbert                                                                   
Tel +27 11 684 0146                                                             
Fax +27 11 684 0188 Mobile +27(0)83 380 6614                                    
E-mail: cbobbert@harmony.co.za                                                  
Web site:                                                                       
ISIN No.: ZAE000015228                                                          
JSE : HAR                                                                       
NASDAQ : HGMCY                                                                  
Date: 15/07/2002 05:15:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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