HRM Harmony Gold

    Harmony Gold Mining Co. Ltd.

NEWS RELEASE

HARMONY MOVES LISTING TO NYSE - "HMY"

Johannesburg - 15 November 2002 - Harmony Gold Mining Company Limited. (NASDAQ:
HGMCY), the 5th largest gold producer in the world, announced today that it
will transfer its stock listing to the New York Stock Exchange (NYSE).

Harmony's stock will begin trading on the NYSE under the ticker symbol "HMY" on
Wednesday, November 27, 2002. The Harmony warrants, currently trading under the
code "HGMCW" on NASDAQ, will be replaced by the code "HMYWS".

"This move represents an important milestone in our growth as an independent
public company over the past 7 years. The listing reflects our commitment to
the highest standards of corporate governance and accountability," said chief
executive Bernard Swanepoel. "Although Harmony is one of the most actively
traded ADRs on NASDAQ, we believe that the NYSE listing will improve Harmony's
visibility among a wider base of investors while also lessening the volatility
of our stock for current investors. We greatly appreciate and acknowledge the
support that we have received from NASDAQ over the years."

"My partners at the Exchange and I are privileged to welcome Harmony to our
listed company family," said NYSE chairman and CEO Dick Grasso. "Our goal is to
provide the highest quality market possible for investors and qualifying
issuers, and it is especially gratifying when an outstanding enterprise such as
Harmony recognizes the benefits of a NYSE listing. We look forward to our new
partnership with Harmony, and to serving the company and its shareholders."

About Harmony Gold Mining Company Limited

Harmony has, during the past financial year, continued with its successful
strategy of growth - through acquisitions as well as organically. This strategy
has, over the past seven years, created significant value for all stakeholders.
Harmony has completed 23 acquisition to date, growing its production base from
approximately 580 000 ounces in 1995 to an annualised 3.1 million ounces for
the 2002/2003 financial year.

Year on year, the company's cash operating profits increased from R673 million
to

R2 591 million for the 2001/02 financial year. Earnings per share increased
from 112 SA cents to 1 094 SA cents over the same period. A dividend of 500 SA
cents per share was declared for the financial year ended June 2002.

Over the same period the company's reserve base has increased in both quantity
and quality, from approximately 8 million ounces in 1995 to an estimated 49
million ounces by June 2002. Through the success of its strategy, Harmony has
become the fifth largest gold producer in the world, with operations in mainly
South Africa and Australia. The company has a highly prospective exploration
programme focussed on South Africa, Australia, Peru and Russia.

Ends

Issued by Harmony Gold Mining Company Limited

For release on Friday 15 November 2002

For more details contact:

Bernard Swanepoel

on +27(0)83 303 9922

or

Ferdi Dippenaar

on +27(0)82 807 3684

Investor Relations

Corn� Bobbert

Tel +27 11 684 0146

Fax +27 11 684 0188 Mobile +27(0)83 380 6614

E-mail:cbobbert@harmony.co.za

Web site:

www.harmony.co.za

ISIN No.: ZAE000015228

JSE: HAR

NASDAQ: HGMCY

NYSE: HMY

Disclaimer

This document includes certain information that is based on management's
reasonable expectations and assumptions. These "forward-looking statements"
include, but are not limited to, statements regarding estimates, intentions and
beliefs, as well as anticipated future production, mine life, market conditions
and costs. While management has prepared this information using the best of
their experience and judgment, and in all good faith, there are risks and
uncertainties involved which could cause results to differ from projections.

Cautionary Note to US Investors - The United States Securities and Exchange
Commission (the "SEC") permits mining companies, in their filings with the SEC,
to disclose only those mineral deposits that a company can economically and
legally extract or produce. We may use certain terms in this document, such as
"resources", that the SEC guidelines strictly prohibit us from including in our
filings with the SEC. U.S. Investors are urged to consider closely the
disclosure in our public filings with the SEC available from us at Harmony Gold
Mining Company Limited, Suite Nr. 1, Private Bag X 1, Melrose Arch, 2076 South
Africa, for the attention of: Mr. Ferdi Dippenaar, Commercial Director. You can
also obtain these filings from the SEC by calling 1-800-SEC-0330.

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