Salient Dates relating to Change of Name

Anglovaal Mining Limited

(Incorporated in the Republic of South Africa)

(Registration number 1993/004580/06)

(Share code: AIN)

(ISIN code: ZAE000017141)

('Avmin')

SALIENT DATES IN RESPECT OF THE CHANGE OF NAME

Shareholders of Avmin are referred to the detailed joint cautionary
announcement dated 13 November 2003 regarding a range of indivisible
transactions involving Avmin, Harmony Gold Mining Company Limited and African
Rainbow Minerals & Exploration Investments (Proprietary) Limited.

In this announcement shareholders were advised that it is the intention of
Avmin to change its name to African Rainbow Minerals Limited. The salient dates
for the implementation of the transactions including the change in name and an
increase in the authorised share capital of Avmin are set out below:

                                                        2004                   
                                                                               
Circular and notice of general meeting posted to Avmin  Tuesday, 23 March      
shareholders                                                                   
                                                                               
Last date for receipt of forms of proxy for the general Tuesday, 13 April      
meeting by not later than 10:00 (South African time)                           
                                                                               
General meeting to be held at 10:00 (South African      Thursday, 15 April     
time)                                                                          
                                                                               
Results of general meeting released on the Stock        Thursday, 15 April     
Exchange News Service and the London Stock Exchange                            
                                                                               
Results of general meeting published in the South       Friday, 16 April       
African press                                                                  
                                                                               
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                            Monday, 3 May          
                                                                               
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 3)                              
                                                                               
Dematerialised shareholders' safe custody accounts      Monday, 3 May          
updated with the new name by their CSDP or broker                              

Notes:

1. All times shown in this circular are South African times.

2. These dates and times are subject to amendment. Any amendments to the dates
and times will be announced on the Stock Exchange News Service, released on the
London Stock Exchange and published in the South African press.

3. 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.

Johannesburg

24 March 2004

Financial adviser and sponsor to Avmin

Deutsche Securities (SA) Proprietary Limited