Company shareholders

Shareholder profile

As at 30 June 2011, a total of 430 084 628 shares in issue were outstanding. The largest shareholder was ARM Limited which had a holding of 14.9% (63 632 922 shares). The largest institutional shareholder was Blackrock Investment Management (UK) Limited with a holding of 10.8% (46 062 952 shares).

Our South African shareholder base declined to 42% from 45.5% for the year ended 30 June 2011. The combined institutional and retail ownership in the United States totalled 30% (30 June 2010: 26%) of Harmony's issued share capital. Shareholders in the United Kingdom accounted for 18% of shares in issue and the rest of Europe 7% in all.

Top ten shareholders as at 30 June 2011

	% held of total shares issued
1. ARM Ltd	14.87
2. Blackrock Investment Management (UK) Ltd.	10.77
3. Allan Gray Unit Trust Management Ltd.	9.18
4. Public Investment Corp. of South Africa	6.37
5. First Eagle Investment Management LLC	5.18
6. Van Eck Global	3.50
7. Capital International Research & Management	3.29
8. Investec Asset Management Pty Ltd (South Africa)	2.84
9. Dimensional Fund Advisors Inc	2.56
10. Vanguard Group Inc	1.99

Geographic distribution of shareholders as at 30 June 2011

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