HARMONY GOLD MINING COMPANY LIMITED - KALGOLD TRANSACTION GETS MINISTERIAL
APPROVAL
HARMONY GOLD MINING COMPANY LIMITED
JSE: HAR
NYSE: HMY
ISIN No.: ZAE000015228
KALGOLD TRANSACTION GETS MINISTERIAL APPROVAL
Johannesburg, Thursday 4 March 2004 - Harmony Gold Mining Company Limited
(NYSE: HMY JSE: HAR) today announced that the remaining conditions precedent to
the sale of Kalgold to Aflease had been met or waived. The Minister of Minerals
and Energy, Ms Phumzile Mlambo-Ngcuka today approved the sale.
In terms of the agreement entered into by the parties on 6 November 2003,
Aflease agreed to acquire Kalgold for a total consideration of R275 million. As
agreed at the time, the consideration will be effected through R137,5 million in
Aflease shares valued at R5,35 per share and a cash payment of R137,5 million
within 3 days after all the conditions precedent had been met or waived.
ENDS
4 March 2004
For more details contact:
Bernard Swanepoel
on +27(0)83 303 9922
or
Ferdi Dippenaar
on +27(0)82 807 3684
Investor Relations Officer
Corne Bobbert
Tel +27 11 684 0146
Mobile +27(0)83 380 6614
cbobbert@harmony.co.za
www.harmony.co.za
Date: 04/03/2004 03:41:04 PM Produced by the JSE SENS Department
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