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Harmony Gold Mining Company Limited - Harmony To Fund Political Process In

Release Date: 10/03/2004 15:09:14      Code(s): HAR
Harmony Gold Mining Company Limited - Harmony To Fund Political Process In      
South Africa                                                                    
Harmony Gold Mining Company Limited                                             
JSE:          HAR  HAR                                                          
NYSE:       HMY                                                                 
ISIN No.:   ZAE000015228                                                        
HARMONY TO FUND POLITICAL PROCESS IN SOUTH AFRICA                               
Johannesburg, Wednesday 10 March 2004 - Harmony Gold Mining Company Limited     
(NYSE: HMY JSE: HAR) today announced that its Board of Directors has approved   
an amount of R3,0 million to assist in the development and enhancement of the   
democratic process in the forthcoming elections. This decision has been made    
in line with Harmony"s on-going support of a multi-party democracy in South     
Africa, as well as the company"s commitment to both its own and the country"s   
sustainability.                                                                 
To regulate the funding, the donations by Harmony will be made to political     
parties on an equitable and proportional basis.                                 
"Harmony represents a wide spectrum of the population through our               
stakeholders i.e. employees, investors and suppliers and we therefore believe   
that it is appropriate to support the democratic process in South Africa. We    
will assist political parties proportionate to their constituent base which     
has been calculated on the basis of their electoral support in the previous     
election," commented Bernard Swanepoel,                                         
Chief Executive.                                                                
A copy of the company"s Funding of Political Parties Policy is available on     
our web site at www.harmony.co.za                                               
Additional Information                                                          
               % of total       % of total vote in                              
Political      vote achieved    proportion to each                              
Party          during the       other, exceeding 1%                             
               previous                                                         
               election                                                         
ANC            66.4             69.0                                            
DA             9.6              9.9                                             
IFP            8.6              8.9                                             
NNP            6.9              7.1                                             
UDM            3.4              3.6                                             
ACDP           1.4              1.5                                             
Total vote     96.3             100                                             
The abovementioned six parties achieved more than 1% of the total vote in the   
previous general elections.  In aggregate, they polled 96,3% of the total       
vote.  Funding will, however, be granted in proportion to the percentages       
outlined in the last column.                                                    
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: 10/03/2004 03:09:17 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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