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HARMONY GOLD MINING COMPANY LIMITED - Dealing in Securities by Directors

Release Date: 18/11/2013 17:11:00      Code(s): HAR       PDF(s):  
Dealing in Securities by Directors

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


Dealing in Securities by Directors


In compliance with paragraphs 3.63 to 3.74 of the JSE Listings
Requirements, the following information is disclosed:

A.     DEALINGS IN SECURITIES BY DIRECTORS: SHARE VESTINGS AND
       ON MARKET SALES

In terms of provisions of the Harmony Share Plan, performance
shares vest after 3 years.


1. Name of director:                  GP Briggs (Chief Executive
                                      Officer)

a) Nature of transaction:             Off market lapsing of share
                                      appreciation rights

     Date granted:                    16 November 2007

     Number of share appreciation
     rights granted:                  159 484

     Strike price:                    R70.54

     Date on which share
     appreciation rights    lapsed:   15 November 2013

     Number of share appreciation
     rights lapsed:                   159 484

b) Nature of transaction:             Off market vesting and on
                                      market sale of performance
                                      shares

     Date:                            15 November 2013

     Class of securities:             Ordinary shares

     Selling price per share:         R33.08

     Number of performance shares
  (ordinary shares) vested and
  sold:                          27 447


  Total value of sale:           R907 853 (pre-tax)

  Nature and extent of
  directors interest:            Direct beneficial

2. Name of director:             HE Mashego (Executive
                                 Director)

a) Nature of transaction:        Off market lapsing of share
                                 appreciation rights

  Date granted:                  16 November 2007

  Number of share
  appreciation rights
  granted:                       42 756

  Strike price:                  R70.54

  Date on which share
  appreciation rights lapsed:    15 November 2013

  Number of share
  appreciation rights lapsed
  (balance was sold in 2011):    14 252

b) Nature of transaction:        Off market vesting and on
                                 market sale of performance
                                 shares and restricted shares

  Date:                          15 November 2013

  Class of securities:           Ordinary shares

  Selling price per share:       R33.08

  Number of performance
  shares (ordinary shares)
  vesting:                       8 431

  Number of restricted shares
  (ordinary shares) vesting:     22 262

  Ordinary shares sold:          30 693

  Total value of sale            R1 015 220 (pre-tax)

  Nature and extent of
     directors interest:            Direct beneficial



3. Name of director:                CT Smith (Director of major
                                    subsidiary company)

a) Nature of transaction:           Off market lapsing of share
                                    appreciation rights

     Date granted:                  16 November 2007

     Number of share
     appreciation rights
     granted:                       78 934

     Strike price:                  R70.54

     Date on which share
     appreciation rights lapsed:    15 November 2013

     Number of share
     appreciation rights lapsed:    78 934

b) Nature of transaction:           Off market vesting and on
                                    market sale of performance
                                    shares

     Date:                          15 November 2013

     Class of securities:           Ordinary shares

     Selling price per share:       R33.08

     Number of performance
     shares(ordinary shares)
     vested and sold:               8 431

     Total value of sale            R278 869 (pre-tax)

     Nature and extent of
     directors interest:            Direct beneficial


B.     DEALING IN SECURITIES BY DIRECTORS: SHARE GRANTS

In line with the provisions of the Harmony Share Plan,
incentives/shares are allocated to directors in November of
each year.
1.   Name of director:              GP Briggs (Chief

                                    Executive Officer)

     Nature of transaction:         Off market grant of share
                                    appreciation rights and
                                    performance shares

     Periods of vesting:            Share appreciation rights
                                    vest in equal thirds on the
                                    third, fourth and fifth
                                    anniversary of the
                                    allocation. Performance
                                    shares vest after three
                                    years.

     Date:                          15 November 2013

     Class of securities:           Share appreciation rights
                                    and performance shares

     Strike price:                  R33.18

     Number of share appreciation
     rights allocated:              91 864

     Number of performance shares
     allocated:                     482 952

     Number of matching restricted
     shares allocated(matching
     the number allocated in
     2010):                        48 485

     Nature and extent of
     director’s interest:           Direct beneficial


2.   Name of director:              F Abbott (Financial
                                    Director)

     Nature of transaction:         Off market grant of share
                                    appreciation rights and
                                    performance shares

     Periods of vesting:            Share appreciation rights
                                    vest in equal thirds on the
                                    third, fourth and fifth
                                    anniversary of the
                                    allocation. Performance
                                    shares vest after three
                                    years.

     Date:                          15 November 2013

     Class of securities:           Share appreciation rights
                                    and performance shares

     Strike price:                  R33.18

     Number of share appreciation
     rights allocated:              52 951

     Number of performance shares
     allocated:                     172 666

     Nature and extent of
     director’s interest:           Direct beneficial


3.   Name of director:              HE Mashego (Executive
                                    Director)

     Nature of transaction:         Off market grant of share
                                    appreciation rights and
                                    performance shares

     Periods of vesting:            Share appreciation rights
                                    vest in equal thirds on the
                                    third, fourth and fifth
                                    anniversary of the
                                    allocation. Performance
                                    shares vest after three
                                    years.

     Date:                          15 November 2013

     Class of securities:           Share appreciation rights
                                    and performance shares

     Strike price:                  R33.18

     Number of share appreciation
     rights allocated:              38 212

     Number of performance shares
     allocated:                     124 604

     nature and extent of
     director’s interest:           Direct beneficial

4.   Name of director:              CT Smith (Director of major
                                    subsidiary company)

     Nature of transaction:         Off market grant of share
                                    appreciation rights and,
                                    performance shares

     Periods of vesting:            Share appreciation rights
                                    vest in equal thirds on the
                                    third, fourth and fifth
                                    anniversary of the
                                    allocation. Performance
                                    shares vest after three
                                    years.

     Date:                          15 November 2013

     Class of securities:           Share appreciation rights
                                    and performance shares

     Strike price:                  R33.18

     Number of Share Appreciation
     Rights allocated:              49 130

     Number of Performance Shares
     allocated:                     160 206

     Number of Matching Restricted
     Shares(2010 allocation):      22 262

     Nature and extent of
     director’s Interest:           Direct beneficial

5.   Name of Company Secretary:     R Bisschoff (Company
                                    Secretary)

     Nature of transaction:         Off market grant of share
                                    appreciation rights and
                                    performance shares

     Periods of vesting:            Share appreciation rights
                                    vest in equal thirds on the
                                   third, fourth and fifth
                                   anniversary of the
                                   allocation. Performance
                                   shares vest after three
                                   years.

    Date:                          15 November 2013

    Class of securities:           Share appreciation rights
                                   and performance shares

    Strike price:                  R33.18

    Number of Share Appreciation
    Rights allocated:              17 356

    Number of Performance Shares
    allocated:                     33 958

    Nature and extent of
    director’s interest:           Direct beneficial

Prior clearance was obtained in respect of the above dealings
by the directors.

For more details contact:

Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)

Johannesburg, South Africa
18 November 2013

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

Date: 18/11/2013 05:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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