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Harmony Gold Mining Company Limited - Harmony To Fund Political Process In
South Africa
Harmony Gold Mining Company Limited
JSE: HAR HAR
NYSE: HMY
ISIN No.: ZAE000015228
HARMONY TO FUND POLITICAL PROCESS IN SOUTH AFRICA
Johannesburg, Wednesday 10 March 2004 - Harmony Gold Mining Company Limited
(NYSE: HMY JSE: HAR) today announced that its Board of Directors has approved
an amount of R3,0 million to assist in the development and enhancement of the
democratic process in the forthcoming elections. This decision has been made
in line with Harmony"s on-going support of a multi-party democracy in South
Africa, as well as the company"s commitment to both its own and the country"s
sustainability.
To regulate the funding, the donations by Harmony will be made to political
parties on an equitable and proportional basis.
"Harmony represents a wide spectrum of the population through our
stakeholders i.e. employees, investors and suppliers and we therefore believe
that it is appropriate to support the democratic process in South Africa. We
will assist political parties proportionate to their constituent base which
has been calculated on the basis of their electoral support in the previous
election," commented Bernard Swanepoel,
Chief Executive.
A copy of the company"s Funding of Political Parties Policy is available on
our web site at www.harmony.co.za
Additional Information
% of total % of total vote in
Political vote achieved proportion to each
Party during the other, exceeding 1%
previous
election
ANC 66.4 69.0
DA 9.6 9.9
IFP 8.6 8.9
NNP 6.9 7.1
UDM 3.4 3.6
ACDP 1.4 1.5
Total vote 96.3 100
The abovementioned six parties achieved more than 1% of the total vote in the
previous general elections. In aggregate, they polled 96,3% of the total
vote. Funding will, however, be granted in proportion to the percentages
outlined in the last column.
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: 10/03/2004 03:09:17 PM Produced by the JSE SENS Department
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