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HARMONY GOLD MINING COMPANY LIMITED - Harmony Rand Refinery

Release Date: 25/07/2014 12:02:00      Code(s): HAR       PDF(s):  
Harmony – Rand Refinery

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”)


Harmony – Rand Refinery

Shareholders are referred to today’s announcement by Rand Refinery (refer
http://www.randrefinery.com/media_press.htm), regarding a loan facility
extended to it by certain of its shareholders, as a precautionary
measure. This follows challenges encountered in the implementation of a
new Enterprise Resource planning system at the refinery. Harmony Gold
Mining Company Limited (“Harmony”) confirms its participation in the loan
facility.

Harmony owns a 10.38% stake in the Rand Refinery and accounts for it on
the equity accounting method as an associate. Harmony expects to make a
R125 million provision against its investment in Rand Refinery, which
will impact fourth quarter results scheduled for release on Thursday, 14
August 2014 (website:www.harmony.co.za/investors).


For more details contact:

Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)

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



25 July 2014

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

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