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Harmony Gold Mining Company Limited - Press Release

Release Date: 23/11/2005 16:40:08      Code(s): HAR
Harmony Gold Mining Company Limited - Press Release                             
HARMONY GOLD MINING COMPANY LIMITED                                             
Registration number 1950/038232/06                                              
Incorporated in the Republic of South Africa                                    
ISIN: ZAE000015228                                                              
Trading Symbols                                                                 
JSE Limited                          HAR                                        
New York Stock Exchange, Inc .       HMY                                        
London Stock Exchange plc            HRM                                        
Euronext Paris                       HG                                         
Euronext Brussels                    HMY                                        
Berlin Stock Exchange                HAM1                                       
HARMONY GOLD TO DUAL LIST ON NASDAQ                                             
First International company to dual list                                        
Johannesburg, 23 November 2005 - Harmony Gold Mining Limited  (NYSE:HMY JSE:HAR)
today announced that it will dual list its ADRs on the NASDAQ National Market   
and the NYSE. Harmony is the first South African company to dual list its stock 
on NASDAQ and the NYSE.                                                         
The stock will begin trading on the NASDAQ National Market on November 29th,    
2005.                                                                           
Bruce Aust, Executive Vice President, Head of NASDAQ"s Corporate Client Group   
said, "We are very pleased Harmony has decided to take advantage of NASDAQ"s    
dual listing initiative.  A leader in its industry, Harmony will be able to     
experience the benefits of an electronic model, with access to highly efficient 
trading in a highly transparent and competitive market."                        
Bernard Swanepoel, CEO of Harmony said, "We were impressed by the efficient     
process of listing on NASDAQ and we are proud to be the first company outside   
the Americas to be dual listed. With more than 40% of our stock being traded in 
North America, we are delighted to offer our shareholders an alternative        
platform to trade the stock."                                                   
Harmony Gold Mining Company Limited, is engaged in gold and related mining      
operations in South Africa, Australia and Papua New Guinea, producing           
approximately 2.9million ounces per annum.  The company has been successful in  
its strategy of growth through acquisitions and has emerged as one of the top   
gold producers in the world and the third largest in South Africa. Harmony is   
currently building five mines in South Africa and another in Papua New Guinea,  
which results in the company increasing the quality and size of its production  
base.                                                                           
NASDAQ is the largest electronic screen-based equity securities market in the   
United States. With approximately 3,200 companies, it lists more companies and, 
on average, trades more shares per day than any other U.S. market. It is home to
companies that are leaders across all areas of business including technology,   
retail, communications, materials, financial services, transportation, media and
biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks.   
NASDAQ"s dual listing initiative was launched in January 2004. Companies that   
dual list on NASDAQ have to meet the National Market listing standards.  Firms  
listing on NASDAQ as well as the NYSE will trade under the same three-letter    
symbol on both markets.                                                         
There are now 8 dual listed companies:                                          
Harmony (NYSE: HMY)                                                             
Apache Corporation (NYSE: APA)                                                  
The Charles Schwab Corporation (NYSE: CDN)                                      
Hewlett-Packard (NYSE: HPQ)                                                     
Walgreens (NYSE: WAG)                                                           
American Financial Group (NYSE: AFG)                                            
Chicago Mercantile Exchange Holdings Inc (NYSE: CME)                            
Nuveen Investments (NYSE: JNC)                                                  
NASDAQ makes no representation about the financial conditions of any company.   
Investors should evaluate companies carefully before investing.                 
END                                                                             
Unless the context otherwise requires, the definitions contained in the offer   
document or the registration statement sent to Gold Fields shareholders have the
same meaning in this announcement.                                              
The directors of Harmony accept responsibility for the information contained in 
this announcement.  To the best of the knowledge and belief of the directors of 
Harmony (who have taken all reasonable care to ensure that such is the case),   
the information contained in this announcement is in accordance with the facts  
and does not omit anything likely to affect the import of such information.     
In connection with the proposed acquisition of Gold Fields, Harmony has filed a 
registration statement (File no: 333-120975) on Form F-4 (which was declared    
effective by the Securities and Exchange Commission ("SEC") on February 28,     
2005) and filed a final prospectus, dated February 25, 2005, with the SEC       
pursuant to Rule 424(b)(3) of the Securities Act of 1933, to register the       
Harmony ordinary shares (including Harmony ordinary shares represented by       
Harmony American Depositary Shares ("ADSs")) to be issued in exchange for Gold  
Fields ordinary shares held by Gold Fields shareholders located in the United   
States and for Gold Fields ADSs held by Gold Fields shareholders wherever       
located, as well as a Statement on Schedule TO. Investors and holders of Gold   
Fields securities are strongly advised to read the registration statement, the  
related exchange offer materials and the final prospectus,  the Statement on    
Schedule TO and any other relevant documents filed with the SEC, as well as any 
amendments and supplements to those documents, because they contain important   
information. Investors and holders of Gold Fields securities may obtain free    
copies of the registration statement, related exchange offer materials, the     
final prospectus and the Statement on Schedule TO, as well as other relevant    
documents filed or to be filed with the SEC, at the SEC"s web site at           
www.sec.gov. Investors and holders of Gold Fields securities will receive       
information at an appropriate time on how to obtain transaction-related         
documents for free from Harmony or its duly designated agent.  The final        
prospectus and other transaction-related documents may be obtained for free from
MacKenzie Partners, Inc., the information agent for the U.S. offer, at the      
following address: 105 Madison Avenue, New York, New York 10016; telephone 1    
(212) 929 5500 (call collect) or 1 (800) 322 2885 (toll-free call); e-mail      
proxy@mackenziepartners.com.                                                    
This communication is for information purposes only. It shall not constitute an 
offer to purchase or exchange or the solicitation of an offer to sell or        
exchange any securities of Gold Fields or an offer to sell or exchange or the   
solicitation of an offer to buy or exchange any securities of Harmony, nor shall
there be any sale or exchange of securities in any jurisdiction in which such   
offer, solicitation or sale or exchange would be unlawful prior to the          
registration or qualification under the laws of such jurisdiction. The          
distribution of this communication may, in some countries, be restricted by law 
or regulation. Accordingly, persons who come into possession of this            
communication should inform themselves of and observe these restrictions. The   
solicitation of offers to buy Gold Fields ordinary shares (including Gold Fields
ordinary shares represented by Gold Fields ADSs) in the United States will only 
be made pursuant to a prospectus and related offer materials that Harmony has   
sent to holders of Gold Fields securities. The Harmony ordinary shares          
(including Harmony ordinary shares represented by Harmony ADSs) may not be sold,
nor may offers to buy be accepted, in the United States prior to the time the   
registration statement becomes effective. No offering of securities shall be    
made in the United States except by means of a prospectus meeting the           
requirements of Section 10 of the United States Securities Act of 1933, as      
amended.                                                                        
Corporate Office: Suite No.1                                                    
Private Bag X1                                                
                  Melrose Arch                                                  
                  Johannesburg                                                  
                  South Africa 2076                                             
T +27 (11) 684 0140                                           
                  F +27 (11) 684 0188                                           
                  www.harmony.co.za                                             
For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com  
or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.                             
Date: 23/11/2005 04:40:20 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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