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Gold Fields publishes 2018 Integrated Annual Report

Friday, 29 March 2019

Johannesburg, 29 March 2019: Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) today published its Integrated Annual Report 2018 (IAR) and a number of associated reports on its website.

These are the statutory Annual Financial Report 2018, including the Governance Report, containing the audited consolidated financial statements for the year ended 31 December 2018, the 2018 Mineral Resources and Mineral Reserves Supplement, the Notice to Shareholders of the Annual General Meeting (AGM) and Gold Fields’ Global Reporting Initiative (GRI) Report 2018. The IAR will be posted to shareholders on Friday, 29 March 2019.

The IAR and the Annual Financial Report incorporate all aspects of the Group’s business, including reviews of the South African, West African, Australian and South American operations, the Group’s project activities, as well as detailed financial, operational and sustainable development information.

KPMG Inc. have audited the financial statements for the year ended 31 December 2018, including the Annual Financial Report, and their unmodified audit report is open for inspection at the Company’s offices.

The Integrated Annual Report, the Notice to Shareholders of the AGM, the Annual Financial Report, the Mineral Resources and Mineral Reserves Supplement and the GRI Content Index are available at www.goldfields.com.

Mineral Resources and Mineral Reserves Supplement 2018

The Gold Fields Mineral Resources and Mineral Reserves Supplement 2018 contains a comprehensive overview of Gold Fields’ Mineral Resource and Mineral Reserve status as well as a detailed breakdown for its operations and projects.

As at 31 December 2018, Gold Fields had attributable gold Mineral Reserves of 48 million ounces (2017: 49 million ounces) and gold Mineral Resources of 97 million ounces (2017: 104 million ounces). In addition, the attributable copper Mineral Reserves totalled 691 million pounds (2017: 764 million pounds) and copper Mineral Resources 4,816 million pounds (2017: 4,881 million pounds). Silver Reserves are 39 million ounces and silver Resources 44 million ounces. Stated figures are net of annual production depletion.

The SAMREC Code compliant Mineral Reserves are based on gold, copper and silver prices of US$1,200/oz (A$1,600/oz, R525,000/kg), US$2.50/lb (increasing to US$2.80/lb from 2020 onwards), and US$17.50/oz respectively. Relevant tonnes, grades, classification, reconciliations and Competent Persons are detailed in the Supplement.

Notice of Annual General Meeting (AGM)

Notice is given to Shareholders of the AGM of the Company to be held at 150 Helen Road, Sandown, Sandton, on Tuesday, 21 May 2019 at 15:00. The AGM will transact the business as stated in the Notice of that meeting, a copy of which can be found with the Integrated Annual Report on the company’s website at www.goldfields.com.

In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the Company’s securities register in order to participate in and vote at the AGM) is Friday, 10 May 2018. Therefore the last day to trade in order to be registered in the Company’s securities register as at the record date is Tuesday, 7 May 2018.


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