Directors: A J Wright (Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, G J Gerwel, A Grigorian°, N J Holland
†
(Chief Financial
Officer), J M McMahon
†
, J G Hopwood, D M J Ncube, R L Pennant-Rea
†
, P J Ryan, T M G Sexwale, C I von Christierson
†
British,
#
Ghanaian, °
Russian
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fa +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2460
Fax +27 11 484-0639
williej@goldfields.co.za
Nerina Bodasing
Tel +27 11 644-2630
Fax +27 11 484-0639
Nerina.bodasing@goldfields.co.za
North America
Cheryl A Martin
Tel +1 303 796-8683
Fax +1 303 796-8293
camartin@gfexpl.com
MEDIA RELEASE
Gold Fields Increases Stake in Western Areas to 18.9%
Johannesburg, 12 July 2006: Gold Fields Limited (Gold Fields) (NYSE: GFI;
JSE: GFI) is pleased to announce that it has acquired an additional 3 million
Western Areas Limited shares.
This acquisition, completed on Tuesday, 11 July, 2006, brings Gold Fields’
total stake in Western Areas to 29.16 million shares, or 18.9% of that
Company’s total issued share capital.
The transaction was brokered by Frankel Consulting.
Western Areas Limited owns 50% of the developing South Deep gold mine,
which is adjacent to Gold Fields’ Kloof Gold Mine, near Westonaria in South
Africa. The other 50% of South Deep is owned by Barrick Gold of Canada.
Gold Fields is one of the world's largest unhedged gold producers, with annual
gold production of approximately 4.2 million ounces from mines in South
Africa, Ghana, Australia and Venezuela, as well as a developing mine at
Cerro Corona in Peru. The Company has ore reserves of 65 million ounces
and mineral resources of 179 million ounces. Gold Fields has its primary
listing on the Johannesburg Securities Exchange and secondary listings on
the NYSE, LSE, Euronext in Paris and Brussels, and on the Swiss Exchange.
All of Gold Fields' operations are ISO 14001 certified.
ends