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HARMONY GOLD MINING COMPANY LIMITED - TERMINATION OF THE AGREEMENT REGARDING THE

Release Date: 17/03/2004 07:23:14      Code(s): HAR
HARMONY GOLD MINING COMPANY LIMITED - TERMINATION OF THE AGREEMENT REGARDING THE
SALE OF KALAHARI GOLDRIDGE MINING COMPANY LIMITED                               
Harmony Gold Mining Company Limited                                             
JSE:        HAR                                                                 
NYSE:       HMY                                                                 
ISIN No.:   ZAE000015228                                                        
TERMINATION OF THE AGREEMENT REGARDING THE SALE OF KALAHARI GOLDRIDGE MINING    
COMPANY LIMITED                                                                 
Johannesburg, Wednesday 17 March 2004 - Harmony Gold Mining Company Limited     
(NYSE: HMY JSE: HAR) shareholders are referred to the announcements published on
SENS on 7 November 2003 and on 4 March 2004 relating to the sale of Kalahari    
Goldridge Mining Company Limited ("Kalgold") to The Afrikander Lease Limited    
("Aflease").                                                                    
In terms of the sale agreement, 50% of the total purchase consideration of R275 
million was payable in cash, and 50% by the allotment and issue of Aflease      
shares, three days after the last condition precedent was fulfilled or waived.  
Harmony shareholders are advised that the financing proposal made by Aflease in 
lieu of the cash payment was not acceptable to Harmony.                         
Harmony and Aflease have therefore decided to cancel the sale agreement.        
ENDS                                                                            
Issued by Harmony Gold Mining Company Limited                                   
17 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                                                               
JSE:        HAR                                                                 
NYSE:       HMY                                                                 
ISIN No.:   ZAE00001                                                            
Date: 17/03/2004 07:23:16 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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