HARMONY GOLD MINING COMPANY LIMITED - TERMINATION OF THE AGREEMENT REGARDING THE
SALE OF KALAHARI GOLDRIDGE MINING COMPANY LIMITED
Harmony Gold Mining Company Limited
JSE: HAR
NYSE: HMY
ISIN No.: ZAE000015228
TERMINATION OF THE AGREEMENT REGARDING THE SALE OF KALAHARI GOLDRIDGE MINING
COMPANY LIMITED
Johannesburg, Wednesday 17 March 2004 - Harmony Gold Mining Company Limited
(NYSE: HMY JSE: HAR) shareholders are referred to the announcements published on
SENS on 7 November 2003 and on 4 March 2004 relating to the sale of Kalahari
Goldridge Mining Company Limited ("Kalgold") to The Afrikander Lease Limited
("Aflease").
In terms of the sale agreement, 50% of the total purchase consideration of R275
million was payable in cash, and 50% by the allotment and issue of Aflease
shares, three days after the last condition precedent was fulfilled or waived.
Harmony shareholders are advised that the financing proposal made by Aflease in
lieu of the cash payment was not acceptable to Harmony.
Harmony and Aflease have therefore decided to cancel the sale agreement.
ENDS
Issued by Harmony Gold Mining Company Limited
17 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
JSE: HAR
NYSE: HMY
ISIN No.: ZAE00001
Date: 17/03/2004 07:23:16 AM Produced by the JSE SENS Department
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