Directors: A J Wright (Chairman), N J Holland
†
(Chief Executive Officer), K Ansah
#
, C A Carolus, R Dañino*, A R Hill
≠
, J G Hopwood, R P
Menell, D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson, G M Wilson
†
British,
≠
Canadian,
#
Ghanaian, *Peruvian
Corporate Secretary:
C Farrel
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
Media and Investor Enquiries
Willie Jacobsz
Tel
+508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel
+27 11 562-9706
Mobile +27 (0) 83 309-6720
email Nikki.Catrakilis-Wagner@
goldfields.co.za
Media Enquiries
Julian Gwillim
Tel
+27 11 562-9774
Mobile +27 (0) 82 452 4389
email Julian.Gwillim@goldfields.co.za
MEDIA RELEASE
Gold Fields Sells Stake in Eldorado Gold
for CAD323 Million
Johannesburg, 4 September 2009: Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce
that it has disposed of its holding in Eldorado Gold Corporation
(Eldorado). Gold Fields disposed of 27,824,654 Eldorado shares at
CAD11,61 per share for a total consideration of CAD323 million
(approximately US$293 million*).
This share disposal does not impact Gold Fields’ top-up right as
negotiated with Eldorado in connection with the sale to Eldorado of its
19,9% stake in Sino Gold Mining Limited (Sino Gold). If Eldorado
acquires in any manner an additional 5% or more of the shares of
Sino Gold during the 18 months ending in early December 2010,
Gold Fields will receive a top-up should a higher price be paid in that
transaction than the original consideration of 48 Eldorado shares for
every 100 Sino Gold shares.
The proceeds of this disposal will be used for debt repayments.
*Exchange rate: USD/CAD:1.1
ends
About Gold Fields
Gold Fields Limited is one of the world’s largest unhedged producers of gold with attributable
steady state production of approximately 3.6 million ounces per annum from nine operating
mines in South Africa, Peru, Ghana and Australia. The company has total attributable ore
reserves of 83 million ounces and mineral resources of 251 million ounces. Gold Fields is listed
on the JSE Limited (primary listing), New York Stock Exchange (NYSE), NASDAQ Dubai
Limited (NASDAQ Dubai), NYSE Euronext in Brussels (NYX) and Swiss Exchange (SWX). For
more information please visit the Gold Fields website at www.goldfields.co.za.