Harmony Gold Announces Extension of the Closing Date of the Offer for Gold Fields JOHANNESBURG, South Africa, Jan. 21 /PRNewswire-FirstCall/ -- Harmony Gold Mining Company Limited (NYSE: "HMY"; JSE: "HAR") announced today that, while awaiting the outcome of the investigation of the proposed merger by the Competition Authorities of South Africa, the expected closing date of the offer is hereby extended to 5.00 a.m. (EST) on Friday, March 18, 2005. Harmony will notify shareholders by means of a public announcement of any amendment to the expected closing date of the offer set out above. In addition, shareholders should note that, to the extent permitted by law, any Gold Fields share tendered may be accepted and settled prior to the time set for the expiration of the offer, upon satisfaction or waiver (where permissible) of all of the conditions to the offer. Harmony announces that as at 12.00 p.m. (South African time) on January 20, 2005 valid acceptances of the offer had been received in respect of a total of 44,416 Gold Fields shares representing approximately 0.0% of the entire issued share capital of Gold Fields. Harmony considers this level of acceptances to be entirely consistent with customary market practice where an offer is still awaiting approval from the competition authorities. In addition, as previously announced, Harmony has received an irrevocable undertaking from Norilsk to accept the offer in respect of 98,467,758 Gold Fields shares, representing approximately 20.03% of the entire issued share capital of Gold Fields. The extension of the closing date of the offer does not impact Norilsk's irrevocable undertaking. Accordingly, Harmony now either owns, has received valid tenders in respect of, or has an irrevocable undertaking to tender into the offer in respect of, a total of 155,077,569 Gold Fields shares representing approximately 31.5% of the entire issued share capital of Gold Fields. Unless the context otherwise requires, the definitions contained in the offer document or the registration statement sent to Gold Fields shareholders have the same meaning in this announcement. In connection with the proposed merger, Harmony has filed with the U.S. Securities and Exchange Commission ("SEC"), a registration statement on Form F-4, which includes a preliminary prospectus and related exchange offer materials, to register the Harmony ordinary shares (including Harmony ordinary shares represented by Harmony ADSs) to be issued in exchange for the remainder of Gold Fields ordinary shares held by Gold Fields shareholders resident in the United States and for Gold Fields ADSs held by Gold Fields shareholders wherever resident, as well as a Statement on Schedule TO. Investors and holders of Gold Fields securities are strongly advised to read the registration statement and the preliminary prospectus, the related exchange offer materials and the final prospectus (when available), the Statement on Schedule TO and any other relevant documents filed with the SEC, as well as any amendments and supplements to those documents, because they contain important information. Investors and holders of Gold Fields securities may obtain free copies of the registration statement, the preliminary and final prospectus (when available) and related exchange offer materials and the Statement on Schedule TO, as well as other relevant documents filed or to be filed with the SEC, at the SEC's web site at http://www.sec.gov/. The preliminary prospectus and other transaction-related documents may be obtained for free from MacKenzie Partners, Inc., the information agent for the U.S. offer, at the following address: 105 Madison Avenue, New York, New York 10016; telephone 1 212 929 5500 (call collect) or 1 800 322 2885 (toll-free call); e- mail . This communication is for information purposes only. It shall not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Gold Fields or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Harmony in the US, nor shall there be any sale or exchange of securities in any jurisdiction in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy Gold Fields ordinary shares (including Gold Fields ordinary shares represented by Gold Fields ADSs) in the US will only be made pursuant to a prospectus and related offer materials that Harmony has sent to holders of Gold Fields securities. The Harmony ordinary shares (including Harmony ordinary shares represented by Harmony ADSs) may not be sold, nor may offers to buy be accepted, in the US prior to the time the registration statement becomes effective. No offering of securities shall be made in the US except by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended. The directors of Harmony accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of Harmony (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. DATASOURCE: Harmony Gold CONTACT: Ferdi Dippenaar, +27-11-684-0140 or +27-82-807-3684, or Corne Bobbert, +27-11-684-0146 or +27-83-380-6614, both of Harmony Gold; or United States - Financial Dynamics Business Communications: Hollis Rafkin-Sax, +1-212-850-5789, +1-917-509-0255 or , or Torie Pennington, +1-212-850-5629, +1-917-838-1369 or ; or South Africa - Beachhead Media & Investor Relations: Jennifer Cohen, +27-11-214-2401, +27-82-468-6469 or , or Patrick Lawlor, +27-11-214-2410, +27-82-459-6709 or ; or United Kingdom - Financial Dynamics Business Communications: Nic Bennett, +44-207-269-7115, +44-7979-536-619 or , or Charles Watenphul, +44-207-269-7216, +44-7866-438 or ; or US Information Agent - MacKenzie Partners, Inc: Daniel Burch, +1-212-929-5500 or , or Steve Balet, 1-800-322-2885, all for Harmony Gold

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