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HARMONY GOLD MINING COMPANY LIMITED - KALGOLD TRANSACTION GETS MINISTERIAL

Release Date: 04/03/2004 15:41:01      Code(s): HAR
HARMONY GOLD MINING COMPANY LIMITED - KALGOLD TRANSACTION GETS MINISTERIAL      
APPROVAL                                                                        
HARMONY GOLD MINING COMPANY LIMITED                                             
JSE:          HAR                                                               
NYSE:       HMY                                                                 
ISIN No.:   ZAE000015228                                                        
KALGOLD TRANSACTION GETS MINISTERIAL APPROVAL                                   
Johannesburg, Thursday 4 March 2004 - Harmony Gold Mining Company Limited       
(NYSE: HMY JSE: HAR) today announced that the remaining conditions precedent to 
the sale of Kalgold to Aflease had been met or waived. The Minister of Minerals 
and Energy, Ms Phumzile Mlambo-Ngcuka today approved the sale.                  
In terms of the agreement entered into by the parties on 6 November 2003,       
Aflease agreed to acquire Kalgold for a total consideration of R275 million. As 
agreed at the time, the consideration will be effected through R137,5 million in
Aflease shares valued at R5,35 per share and a cash payment of R137,5 million   
within 3 days after all the conditions precedent had been met or waived.        
ENDS                                                                            
4 March 2004                                                                    
For more details contact:                                                       
Bernard Swanepoel                                                               
on +27(0)83 303 9922                                                            
or                                                                              
Ferdi Dippenaar                                                                 
on +27(0)82 807 3684                                                            
Investor Relations Officer                                                      
Corne Bobbert                                                                   
Tel +27 11 684 0146                                                             
Mobile +27(0)83 380 6614                                                        
cbobbert@harmony.co.za                                                          
www.harmony.co.za                                                               
Date: 04/03/2004 03:41:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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