Harmony Gold Corp. Announces Termination of Option Agreement with Scorpio Gold (Canada) Corporation

#1780 – 355 Burrard St Vancouver, BC V6C 2G8 Tel: 604 608-6611 Tel: 778 835-4186 Fax: 604 608-6620 Trading Symbol: H

Harmony Gold Corp. Announces Termination of Option Agreement with Scorpio Gold (Canada) Corporation

Vancouver, BC, December 20, 2010 – Harmony Gold Corp. (the “Company”) announces that it has elected to terminate the option agreement (the “Option Agreement”), with Scorpio Gold (Canada) Corporation (“Scorpio”) whereby the Company was granted the option to acquire a 100% interest in and to Scorpio’s Caribou Gold Property located in Halifax County, Nova Scotia and to acquire certain equipment and other mining assets (the “Other Assets”) held by Scorpio located on the Caribou Gold Property (the “Option”).

In accordance with the provisions of the Option Agreement, the Company provided notice of termination of the Option on December 17, 2010.

HARMONY GOLD CORP.

Per: “Craig M. Engelsman”

Craig Michael Engelsman President Telephone: 778 370 0519 E-mail: [email protected]

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.