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HARMONY GOLD MINING COMPANY LIMITED - REACHES AGREEMENT WITH NUM ON WAGE DISPUTERelease Date: 16/02/2004 13:51:01 Code(s): HARHARMONY GOLD MINING COMPANY LIMITED - REACHES AGREEMENT WITH NUM ON WAGE DISPUTE HARMONY GOLD MINING COMPANY LIMITED SHAR CODE: HAR ISIN CODE: ZAE000015228 Johannesburg, Monday 16 February 2004 - Harmony Gold Mining Company Limited (NYSE: HMY JSE: HAR) today announced that it had reached an agreement with the National Union of Mineworkers (NUM) who represents the approximate 4 500 Harmony employees that embarked on a protected strike during the Wednesday 12 February 2004 nightshift. NUM accepted the company"s offer of a 9% increase for the period 1 January 2004 to 30 June 2004. To facilitate the inclusion of these employees into the bi annual wage agreement which will be re-negotiated in July 2005, the parties also agreed to an additional 1% increase for the period 1 July 2004 to 31 December 2004. ENDS Date: 16/02/2004 01:51:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department | |||
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