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HARMONY - HARMONY AND NUM RE-COMMIT TO PREVIOUS AGREEMENT TO RESTRUCTURE

Release Date: 06/10/2004 14:50:00      Code(s): HAR
HARMONY - HARMONY AND NUM RE-COMMIT TO PREVIOUS AGREEMENT TO RESTRUCTURE        
          OPERATIONS AND SAVE EMPLOYMENT IN THE FREE STATE                      
Harmony Gold Mining Company Limited                                             
JSE:        HAR                                                                 
NYSE:       HMY                                                                 
ISIN NO.:   ZAE000015228                                                        
HARMONY AND NUM RE-COMMIT TO PREVIOUS AGREEMENT TO RESTRUCTURE                  
OPERATIONS AND SAVE EMPLOYMENT IN THE FREE STATE                                
Johannesburg, Wednesday 6 October 2004 - Harmony Gold Mining Company Limited    
(NYSE: HMY JSE: HAR) and the National Union of Mineworkers (NUM) today announced
that the Parties have reached an agreement thereby resolving the dispute on     
restructuring at the company"s Free State Operations. The agreement includes the
withdrawal of notices for planned strike action by the National Union of        
Mineworkers and a commitment by the Parties to identify and implement measures  
to minimise the impact of Harmony"s restructuring processes in the Free State.  
Harmony and the NUM agreed on the following:                                    
-    The withdrawal of the company"s notices for forced retrenchment.           
-    The withdrawal of the Union"s notices for strike action.                   
-    Reskilling, retraining and redeployment of employees that are affected by  
restructuring or that are excess to operational requirements.              
-    Transferring excess employees to other mines where placement opportunities 
     exist.                                                                     
-    The implementation of CONOPS at Masimong and the original Harmony          
Operations.                                                                
-    Implementing other retrenchment avoidance measures such as voluntary       
     retrenchments in terms of retrenchment agreements and the agreed principles
     on restructuring.                                                          
"We are extremely pleased with the outcome of the negotiations which took place 
over the last three weeks and have resolved all the matters of dispute involving
the affected employees with the various stakeholders. Harmony is making good    
progress with the phased implementation of CONOPS which has currently been      
agreed to on approximately 80% of our operations, allowing for the establishment
of working places and re-training and redeployment of employees. Cost and volume
benefits from the successful introduction of CONOPS will become evident as the  
phasing-in continues," commented Bernard Swanepoel, Chief Executive.            
Issued by Harmony Gold Mining Company Limited                                   
6 October 2004                                                                  
For more details contact:                                                       
Ferdi Dippenaar                                                                 
Marketing Director                                                              
on +27(0)82 807 3684                                                            
or                                                                              
Jackie Mathebula                                                                
Group Employee Relations Executive                                              
On +27(0)83 257 5553                                                            
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.:     ZAE00001522                                                       
Date: 06/10/2004 02:50:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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