HARMONY GOLD MINING -- HGMCY Message Board

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Gold/Mining/Energy : HARMONY GOLD MINING -- HGMCY

HMY 16.11

-4.7%

3:59 PM EST

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To: Bob Dobbs who wrote (48)	3/24/2001 1:47:24 PM
From: Bob Dobbs	Read Replies (1) of 271

HARMONY GOLD said that Australia's NORMANDY MINING had accepted HARMONY's offer for its 13.2% stake in NEW HAMPTON GOLDFIELDS. HARMONY said in a statement that it was now entitled to 36% of the shares in NEW HAMPTON. Earlier this month HARMONY raised its offer for NEW HAMPTON to A$0.275 per share from A$0.265 per share. The NEW HAMPTON board has recommended that shareholders accept the HARMONY offer or "run the risk of being locked in as minority shareholders". The offer is scheduled to close on March 26. "The fact that no other offer has emerged for NEW HAMPTON clearly demonstrates that the HARMONY offer represents an attractive opportunity for NEW HAMPTON shareholders," said HARMONY chief executive Bernard Swanepoel.Publisher: NEWS24

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