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HARMONY GOLD MINING COMPANY LIMITED - NUM strike at Harmony continues

Release Date: 06/09/2013 17:17:00      Code(s): HAR       PDF(s):  
NUM strike at Harmony continues

Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)

NUM strike at Harmony continues

Harmony Gold Mining Company Limited ("Harmony") advises that all
of its mines, except for Kusasalethu, continue to be severely
affected by the National Union of Mineworkers ("NUM") strike,
which NUM members embarked on with effect from the night shift on
3 September 2013.

A revised offer has been made to NUM and they have scheduled mass
meetings with their members to discuss the offer.      The offer
incorporates a two-year agreement.

Category 4 and 5 employees, and rock drill operators would receive
increases of 8% and other employees 7.5%, effective 1 July 2013.

Employees would receive further CPI-linked increases effective 1
July 2014.

The current monthly living out allowance of R1,640 would increase
to R2,000 in two R180 steps, on 1 September 2013 and 2014.

The gain share concept initially proposed has been dropped given
the lack of interest at this stage from the unions.

“The offer made is fair and exactly the same one as the one put to
all the other gold mining companies' operations. We trust that
whatever is holding up the decision to support the offer will be
resolved soon”, said Graham Briggs, chief executive officer.



ends.


For more details contact:

Marian van der Walt
Executive: Corporate and Investor Relations

+27 (0) 82 888 1242 (mobile)

6 September 2013

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited.

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