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Harmony - Tenders Its Western Areas Shares

Release Date: 01/12/2006 17:45:29      Code(s): HAR
Harmony - Tenders Its Western Areas Shares                                      
Harmony Gold Mining Company Ltd                                                 
Incorporated in the Republic of South Africa                                    
Registration number: 1950/038232/06                                             
JSE share code: HAR                                                             
ISIN: ZAE000015228                                                              
("Harmony")                                                                     
HARMONY TENDERS ITS WESTERN AREAS SHARES                                        
Johannesburg. Friday 1 December 2006. Harmony Gold Mining Co. Ltd (Harmony)     
announced today that it had tendered its Western Areas shares for conversion to 
Gold Fields shares.                                                             
This follows the offer made by Gold Fields to the Western Areas minority        
shareholders contained in the circular dated 00 November 2006. Upon receipt of  
its shares, Harmony will own X% of Gold Fields having exchanged 29,2% ownership 
in Western Areas.                                                               
Chief Executive Bernard Swanepoel says, "Accepting the Gold Fields shares in    
lieu of Western Areas shares will facilitate the liquidation of our investment  
which although already approved by Harmony"s board of directors, will only be   
concluded at an opportune time."                                                
Assuming today"s closing price for Western Areas, this transaction resulted in a
book profit or marked-to-market profit of R00 per share for R100m; the account  
profit will therefore be R00 per share for every R100m.                         
Ends.                                                                           
For further information contact                                                 
Bernard Swanepoel                                                               
Chief Executive - Harmony Gold                                                  
Cell. +27 83 303 9922                                                           
Amelia Soares                                                                   
General Manager, Investor Relations                                             
Cell. +27 82 654 9241                                                           
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 01/12/2006 05:45:31 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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