Auditors' report   


To the members of Harmony Gold Mining Company Limited

We have audited the annual company and group financial statements for the year ended 30 June 2001 set out on pages 46 to 77 (excluding page 52) of this document. These financial statements are the responsibility of the directors of the company. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with statements of South African Auditing Standards. To obtain reasonable assurance that the financial statements are free from material misstatement, these statements require that we plan and perform the audit. An audit includes:

an examination, on a test basis, of evidence supporting the amounts and disclosures in the financial statements;

an assessment of the accounting principles used and significant estimates made by management; and

an evaluation of the overall presentation of the financial statements.

We believe that our audit provides a reasonable basis for our opinion.

Audit opinion
In our opinion the financial statements fairly represent, in all material respects, the financial position of the company and the group as at 30 June 2001, and the results of their operations and cash flows for the year then ended, in accordance with South African Statements of Generally Accepted Accounting Practice and International Accounting Standards and in the manner required by the Companies Act of South Africa.

PricewaterhouseCoopers Inc.
Chartered Accountants (SA)
Registered Accountants and Auditors

23 August 2001