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HARMONY GOLD MINING COMPANY LIMITED - KUSASALETHU illegal strike

Release Date: 23/03/2017 08:21:00      Code(s): HAR       PDF(s):  
KUSASALETHU illegal strike

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”)

KUSASALETHU EMPLOYEES EMBARK ON AN ILLEGAL STRIKE

Johannesburg. Thursday, 23 March 2017: Harmony Gold Mining Company
Limited (“Harmony”) regrets to advise that employees at its
Kusasalethu mine have embarked on an illegal strike. The illegal
strike is in response to the suspension of the Association of
Mineworkers and Construction Union’s (AMCU) branch leadership,
after the AMCU leadership encouraged illegal industrial action - a
go slow - at the mine.

The AMCU branch leadership encouraged an illegal go slow at the
mine, resulting in only 25% of the workforce reporting for work
yesterday. The illegal go slow was called in response to the
disciplinary procedures against 40 employees, following the
illegal sit-in at Kusasalethu in January this year.

Management has sought an urgent meeting with the leadership of the
Association of Mineworkers and Construction Union (AMCU) to
address this unprocedural/illegal industrial action, which may
result in further disciplinary action and undermines the continued
viability of the mine. It is of great concern that there have been
reports of intimidation of employees, as was the case in the
actions in January 2017. No employees reported for the day shift
today.

“We appeal to AMCU leadership to be responsible in its actions, to
publically condemn any form of intimidation and act against
members engaging in intimidation, and to engage with management
through the processes and procedures in place to deal with
workplace disputes”, Peter Steenkamp, CEO of Harmony said.

Ends.

For more details contact:

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

23 March 2017
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited.

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