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HAR - Harmony Gold Mining Company - Harmony expands Papua New Guinea exploration

Release Date: 27/08/2009 12:54:29      Code(s): HAR
HAR - Harmony Gold Mining Company - Harmony expands Papua New Guinea exploration
Harmony Gold Mining Company Limited                                             
(Incorporated in the Republic of South Africa)                                  
Registration number 1950/038232/06                                              
ISIN ZAE000015228        Issuer code: HAPS                                      
TRADING SYMBOLS: Ordinary Shares: JSE Limited: HAR,                             
New York Stock Exchange, Inc., HMY, London Stock Exchange plc: HRM              
Euronext Paris: HG, Euronext Brussels: HMY, Berlin Stock Exchange: HAM1,        
NASDAQ: HMY                                                                     
Johannesburg. Thursday, 27 August 2009. Harmony Gold Mining Company Limited     
(Harmony) is pleased to advise that it has acquired two new exploration         
projects, the Amanab and the Mt Hagen Projects, in Papua New Guinea (PNG).      
These exploration licenses (EL) complement the exploration activities undertaken
by Harmony and underscore the company`s commitment and belief in the developing 
minerals industry in PNG.                                                       
Amanab Project EL1708                                                           
Amanab project EL1708 was granted on 6 July 2009 and comprises of about 863     
square kilometres of tenure. The tenement is located approximately 160km north  
of the OK Tedi copper-gold mine in the Sandaun Province and was pegged to target
the bedrock source of the alluvial goldfield centered on the Yup River.         
Mt Hagen Project EL1611 & EL1596                                                
The Mt Hagen project comprises two contiguous tenements encompassing            
approximately 1100 square kilometres of tenure. The tenements are located       
approximately 20km north-northeast of Mt Hagen and are readily accessible via   
the Highlands Highway connecting Lae and Porgera.                               
Harmony acquired 100% of the mineral rights for EL1596 from Frontier Resources  
for the cash consideration of A$300,000.                                        
Harmony also acquired the rights to explore the adjacent tenement EL1611 over a 
four year period, with the condition that Harmony`s exploration program meets   
the minimum annual expenditure commitment. At any time during this period       
Harmony may exercise an option to purchase 100% of the tenement for a total cash
consideration of 6 million Kina.                                                
Issued by Harmony Gold Mining Company Limited                                   
For more details contact:                                                       
Graham Briggs                                                                   
Chief Executive Officer                                                         
on +27(0)83 265 0274                                                            
Marian van der Walt                                                             
Executive:  Corporate and Investor Relations                                    
on +27 (0)82 888 1242                                                           
Corporate Office:                                                               
Randfontein Office Park                                                         
P O Box 2                                                                       
South Africa 1760                                                               
T +27 (11) 411 2000                                                             
J.P. Morgan Equities Limited                                                    
Date: 27/08/2009 12:54:28 Supplied by www.sharenet.co.za                     
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