HAR - Harmony Gold Mining Company Limited - Harmony suspends negotiations Release Date: 28/08/2009 16:26:02 Code(s): HAR
HAR - Harmony Gold Mining Company Limited - Harmony suspends negotiations
regarding Pamodzi Gold`s Free State Assets
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,
HARMONY SUSPENDS NEGOTIATIONS REGARDING PAMODZI GOLD`S FREE STATE ASSETS
Johannesburg. Friday, 28 August 2009. Harmony Gold Mining Company Limited
(Harmony) notes the recent public statements made regarding the proposed
recapitalisation of the Pamodzi Gold group of companies.
Harmony has been in negotiations with the provisional liquidators of Pamodzi
Gold Free State (Proprietary) Limited (Pamodzi Gold Free State) regarding the
potential acquisition of the assets of Pamodzi Gold Free State since April 2009.
Harmony believes that it has offered a fair price and that the potential
acquisition, if implemented, will provide a sustainable future for the relevant
stakeholders in the Free State.
As a result of the recent developments, Harmony advises that it has decided to
suspend negotiations with the provisional liquidators of Pamodzi Gold Free State
in respect of the potential acquisition in order to allow all stakeholders an
opportunity to assess the proposed recapitalisation and the likelihood of it
Harmony`s decision as to whether or not to recommence negotiations with the
provisional liquidators of Pamodzi Gold Free State will be made in due course
depending on developments regarding the proposed recapitalisation.
For more details contact:
Chief Executive Officer
on +27(0)83 265 0274
Randfontein Office Park
P O Box 2
South Africa 1760
T +27 (11) 411 2000
J.P. Morgan Equities Limited
Date: 28/08/2009 16:26:02 Supplied by www.sharenet.co.za
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