Company announcements

Elandsrand update

October 12, 2007

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Johannesburg, Friday 12 October 2007. Harmony Gold Mining Company Limited (Harmony) hereby announces that the repairs to the Elandsrand shaft should be completed by 12 November 2007. It is anticipated that production should commence on 19 November once all precautionary safety measures have been complied with. Total days of production lost will therefore be approximately 48 days, resulting in an approximate loss of 1 000kg gold.

A task team has been established to do a thorough investigation and analysis of the events that led to and resulted in the incident at Elandsrand. This task team comprises of individuals from various disciplines, the Health and Safety committee of Elandsrand and representatives from DME. This team is also covering all the aspects and systems that are related to the incident. The team is involving independent consultants to assist in the analysis of the material and mode of failure of the compressed air column.

A mass counseling session was held on Tuesday, 9 October 2007 at Elandsrand for all employees affected by the incident. Employees were also encouraged to attend individual trauma counseling sessions with social workers at the Medical Station on the shaft for as long as required.

Employees whose jobs are affected by the incident and are not part of the re–equipping of the shaft will be sent on paid leave from 12 to 29 October 2007. On return all employees will participate in refresher training to comply with legislation.

A complete company–wide safety audit commenced in August 2007. This audit should cover all safety systems as well as the implementation thereof and is conducted by the central safety function within the company. In addition to normal weekly shaft examinations, specific instructions were given to all shaft engineers to conduct an audit of the condition and suspension of pipes and electrical cables in vertical shafts at all operations of the Group.

For more details contact:

Graham Briggs
Acting Chief Executive
+27(0)83 265 0274

Amelia Soares
General Manager, Investor Relations
+27(0)82 654 9241

Lizelle du Toit
Investor Relations Officer
+27(0)82 465 1244