Company announcements

Dealings in securities by directors: Share Vestings and on Market Sales

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed:

In terms of provisions of the Harmony Share Plan, performance shares vest after 3 years.

1.	Name of director:	GP Briggs (Chief Executive Officer)
	Nature of transaction:	Off market vesting
	Date:	16 November 2015
	Class of Securities:	Ordinary Shares
	Number of performance shares vested and retained in own name:	44 615
	Vesting price per share:	R8.78
	Total value of shares vested:	R391 719.70 (pre-tax)
	Nature and extent of directors interest:	Direct beneficial

2.	Name of director:	F Abbott (Financial Director)
	Nature of transaction:	Off market vesting
	Date:	16 November 2015
	Class of Securities:	Ordinary Shares
	Number of performance shares vested and retained in own name:	18 547
	Vesting price per share:	R8.78
	Total value of shares vested:	R162 842.66 (pre-tax)
	Nature and extent of directors interest:	Direct beneficial

3.	Name of director:	HE Mashego (Executive Director)
	Nature of transaction:	Off market vesting and on market sale of performance shares (ordinary shares)
	Date:	16 November 2015
	Class of Securities:	Ordinary Shares
	Number of performance shares vested and retained in own name:	13 153
	Vesting price per share:	R8.78
	Total value of shares vested:	R115 483.34
	Number of performance shares sold on market to cover tax:	5 393
	Market price per share sold:	R8.78
	Proceeds for on market sale to cover tax:	R47 350.54
	Number of shares retained in own name:	7 760
	Nature and extent of directors interest:	Direct beneficial

4.	Name of director:	R Bisschoff (Company Secretary)
	Nature of transaction:	Off market vesting and on market sale of performance shares (ordinary shares)
	Date:	16 November 2015
	Class of Securities:	Ordinary Shares
	Number of performance shares vested and retained in own name:	4 971
	Vesting price per share:	R8.78
	Total value of shares vested:	R43 645.38 (pre-tax)
	Nature and extent of directors interest:	Direct beneficial

In line with the provisions of the Harmony Share Plan, incentives / shares are allocated to directors in November of each year.

1.	Name of director:	GB Briggs (Chief Executive Officer)
	Nature of transaction:	Off market grant of performance shares
	Periods of vesting:	Performance shares vest after three years.
	Date	16 November 2015
	Class of Securities:	Performance shares
	Number of share appreciation rights allocated:	550 000
	Matching shares granted, supplementing restricted shares not exercised:	32 684
	Nature and extent of director’s interest:	Direct beneficial

2.	Name of director:	F Abbott (Financial Director)
	Nature of transaction:	Off market grant of performance shares
	Periods of vesting:	Performance shares vest after three years.
	Date	16 November 2015
	Class of Securities:	Performance shares
	Number of performance shares awarded:	736 809
	Matching shares granted, supplementing restricted shares not exercised:	63 408
	Nature and extent of director’s interest:	Direct beneficial

3.	Name of director:	HE Mashego (Executive Director)
	Nature of transaction:	Off market grant of performance shares
	Periods of vesting:	Performance shares vest after three years.
	Date	16 November 2015
	Class of Securities:	Performance shares
	Number of share appreciation rights allocated:	455 758
	Number of performance shares allocated:	35 082
	Nature and extent of director’s interest:	Direct beneficial

5.	Name of director:	Riana Bisschoff (Company Secretary)
	Nature of transaction:	Off market grant of performance shares
	Periods of vesting:	Performance shares vest after three years.
	Date	16 November 2015
	Class of Securities:	Performance shares
	Number of performance shares allocated:	152 972
	Nature and extent of director’s interest:	Direct beneficial

Prior clearance was obtained in respect of the above dealings by the directors.

Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)

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

20 November 2015

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited