Gold Fields Limited: Update on South Deep Strike

JOHANNESBURG, Nov. 18 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) notes with concern incidents of intimidation and violence linked to the ongoing strike action by the National Union of Mineworkers (NUM) at its South Deep gold mine in South Africa.

A small group of NUM members damaged property and intimidated non-striking staff both at work and at their near-by homes. Several employees have been assaulted and injured.

Gold Fields is extremely disturbed by the developments, which have marred what has to date been a positive engagement between South Deep management and the NUM. We will monitor the situation closely and will take appropriate action to protect our employees and property if and when required.

Notes to editors

About Gold Fields

Gold Fields is one of the world's largest unhedged producers of gold with attributable production of 3.5 million gold equivalent ounces per annum from nine operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfields and nearmine exploration projects at various stages of development. Gold Fields has total attributable gold equivalent Mineral Reserves of 78 million ounces and Mineral Resources of 281 million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York Stock Exchange (NYSE), the NASDAQ Dubai Limited, the Euronext in Brussels (NYX) and the Swiss Exchange (SIX).

Sponsor: J.P. Morgan Equities Limited

For further information:

Gold Fields Limited: Reg. 1968/004880/06, 150 Helen Road, Sandown, Sandton, 2196, Postnet Suite 252, Private Bag X30500, Houghton, 2041, South Africa, Tel [phone], Fax [phone]. Enquiries: Investor Enquiries, Willie Jacobsz, Tel [phone], Mobile [phone], email [email protected]. Nikki Catrakilis-Wagner, Tel [phone], Mobile [phone], email [email protected]. Media Enquiries, Sven Lunsche, Tel [phone], Mobile [phone], email  [email protected].