HRM Harmony Gold

    HARMONY                                 NEWCREST MINING LIMITED                

MINISTERIAL APPROVAL FOR PAPUA NEW GUINEA GOLD JOINT VENTURE

Port Moresby, Papua New Guinea - Wednesday, 16 July 2008

The Acting Prime Minister of Papua New Guinea and Minister for Mines, Hon Dr
Puka Temu on Friday approved the Joint Venture arrangements between Harmony
Gold Mining Company Limited (Harmony) and Newcrest Mining Limited (Newcrest).

The ministerial approval paves the way for the conclusion of formalities
between the two companies and the development of the joint venture interests in
Papua New Guinea. These include the Hidden Valley gold mine which is expected
to commence production mid-2009 and the highly prospective Wafi Golpu copper/
gold deposit.

Shareholders are advised that all conditions precedent to the joint venture
agreement, which included regulatory and statutory approvals by the PNG
Government have now been met. Stage 1 Completion (Newcrest acquiring a 30.01%
interest) is now expected to occur in early August, 2008.

Newcrest brings significant technical skills to the joint venture, including
areas of exploration, project delivery and large scale mining and adds
substantially to the development potential of the joint venture's PNG assets.

Chief executive officer of Harmony, Graham Briggs says, "We are pleased with
the ministerial approval which has paved the way for the conclusion of all
conditions precedent. Not only does the joint venture augur well for both
companies, but it will also provide broader employment opportunities and
corporate social investment for Papua New Guinea".

ends.

For further information, please contact:

Harmony Gold Company Limited                                                   
                                                                               
Graham Briggs                           Amelia Soares                          
                                                                               
Chief Executive Officer                 General Manager, Investor Relations    
                                                                               
+27 (0) 11 411 2023                     +27 (0) 11 411 2314                    
                                                                               
+27 (0) 83 265 0274                     +27 (0) 82 654 9241                    
                                                                               
Newcrest Mining Limited                                                        
                                                                               
Investor Enquiries                      Media Enquiries                        
                                                                               
Karen McRae                             Daryl Corp                             
                                                                               
Telephone: +61 3 9522 5316              +61 3 9522 5376                        
                                                                               
Email: karen.mcrae@newcrest.com.au      daryl.corp@newcrest.com.au             



END

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