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Harmony reaches agreement with unions

Harmony today announced that it has reached an understanding with two of the three recognised unions in its Free State operations in respect of retrenchments at five of its shafts. The unions are Solidarity and the United Association of South Africa.

In terms of the understandings the effective date of the retrenchments has been extended to 21 April 2005 to allow for the joint process implementing existing retrenchments at mine level.

The discussions with the other recognised union, the National Union of Mineworkers (NUM), ended inconclusively and the union is considering its position.

Prepared by: Beachhead Media & Investor Relations

Jennifer Cohen
Office: +27 11 214 2401
Mobile: +27 82 468 6469
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Patrick Lawlor
Office: +27 11 214 2410
Mobile: +27 82 459 6709
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For more details contact:

Ferdi Dippenaar
Marketing Director
+27(0)82 807 3684

Brenton Saunders
Executive, Investor Relations
+27(0)83 607 4060

Vusi Magadana
Investor Relations Officer
Office: +27 11 684 0149
Mobile: +27(0)72 157 5986
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Harmony Investor brief

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