Result of General Meeting

Anglovaal Mining Limited

(Incorporated in the Republic of South Africa)

(Registration number 1933/004580/06)

(Share code: AIN)

(ISIN code: ZAE000017141)

('Avmin')

RESULTS OF GENERAL MEETING

Deutsche Securities (SA) (Proprietary) Limited is authorised to announce the
results of the general meeting of Avmin shareholders, held today, Thursday, 15
April 2004, convened in terms of the notice of meeting contained in the
circular to Avmin shareholders issued on 23 March 2004.

Shareholders of Avmin are advised that the ordinary resolutions to implement a
range of indivisible transactions involving Avmin, Harmony Gold Mining Company
Limited and African Rainbow Minerals & Exploration Investments (Proprietary)
Limited and the special resolutions to effect an increase in the authorised
share capital of Avmin and the change of name of Avmin to African Rainbow
Minerals Limited were passed by the requisite majority of Avmin shareholders at
the general meeting. The special resolutions have been lodged with the
Registrar of Companies for registration.

Avmin shareholders are further advised that the Competition Tribunal has
approved the transactions without conditions.

Shareholders are advised of the following salient dates with regard to the
change in name:

                                                                           2004
                                                                               
Last day to trade under the old name 'Anglovaal Mining       Thursday, 22 April
Limited'                                                                       
                                                                               
Name change effected and commencement of trade under           Friday, 23 April
the new name 'African Rainbow Minerals Limited'                                
                                                                               
Record date for the change of name                             Friday, 30 April
                                                                               
New shares listed on the JSE Securities Exchange, South           Monday, 3 May
Africa under the share code: ARI                                               
                                                                               
New share certificates reflecting the change of name              Monday, 3 May
posted by registered post or first class post in the                           
United Kingdom to Avmin shareholders who have                                  
surrendered their documents of title on or before the                          
close of business on the record date (see note 1)                              
                                                                               
Dematerialised shareholders' safe custody accounts                Monday, 3 May
updated with the new name by their Central Securities                          
Depository Participant or broker                                               

Notes:

 1. Avmin shareholders who surrender their existing documents of title after
    the record date, will have their new share certificates mailed within five
    business days of receipt thereof by the transfer secretaries, by registered
    post or first class post in the United Kingdom, at the risk of the
    shareholder concerned.
   
 2. Forms of surrender were posted to certificated shareholders with the
    circular to shareholders dated 23 March 2004. Certificated shareholders are
    reminded to surrender their Avmin share certificates.
   
Johannesburg

15 April 2004

Financial adviser and sponsor to Avmin                                     
                                                                           
Deutsche Securities (SA) (Proprietary) Limited