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NUM strike at Harmony operations to be called off

Following protracted negotiations, the strike on which the National Union of Mineworkers embarked Thursday 23 March 2005 at Harmony’s operations in the Free State is expected to be called off tonight.

The parties have reached an agreement in principle that the issues in dispute have been adequately addressed. The agreement will be signed later today. Employees at the original Harmony and Freegold operations would return to work with the night shift on Wednesday, 6 April 2005.

The strike which will have lasted eight working days cost the company approximately 45 000 oz in lost production, equating to approximately $18 million in lost revenue.

Prepared by: Beachhead Media & Investor Relations

Jennifer Cohen
Office: +27 11 214 2401
Mobile: +27 82 468 6469
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For more details contact:

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

Vusi Magadana
Investor Relations Officer
Office: +27 11 684 0149
Mobile: +27(0)72 157 5986
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