Stock Option Re-Pricing

HARMONY GOLD CORP.

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

Stock Option Re-Pricing

Vancouver, BC, November 19, 2010 – Harmony Gold Corp. (the “Company”) announces the repricing and cancelling of stock options.

The Company is re-pricing 1,000,000 stock options originally granted to certain officers, directors, consultants and employees on March 17, 2010 exercisable at a price of $0.40 to today’s closing share price. The Company is also cancelling 200,000 stock options originally granted to certain officers, directors, consultants and employees on March 17, 2010 exercisable at a price of $0.40. Finally, the Company is re-pricing 1,400,000 stock options originally granted to certain officers, directors, consultants and employees on February 3, 2010 exercisable at a price of $0.45 to today’s closing share price.

The stock options are subject to the terms of the company's stock option plan and regulatory approval.

HARMONY GOLD CORP.

Per: “Craig M. Engelsman”

Craig Michael Engelsman President Telephone: 778 835-4186 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.