Update for Financial Year Ended December 2011 and Q4 2011

JOHANNESBURG, January 18, 2012 /PRNewswire/ –

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has announced that
attributable Group production for the financial year ended December 2011 (FY 2011) is
expected to be 3.49 million gold equivalent ounces.

Total cash cost for FY 2011 is expected to be approximately US$800/oz (R185,000/kg)
and notional cash expenditure (NCE) approximately US$1,180/oz (R275,000/kg), both of which
are lower than the guidance given on 10 November 2011 for total cash costs of US$810/oz
(R187,000/kg) and NCE of US$1,200/oz (R277,000/kg).

Group attributable production for the December quarter (Q4 2011) is expected to be
883,000 gold equivalent ounces, which is 1.9% lower than the previous quarter (Q3 2011:
900,000 gold equivalent ounces). The lower production for Q4 2011 is as a result of
production disruptions in Ghana due to power outages and a slower milling rate at Tarkwa,
due to harder material associated with a change in the blend of material fed to the plant.
In the South Africa region production was impacted by stop and fix interventions at
Beatrix and a lower underground grade at South Deep due to changes in the mining mix
needed to increase flexibility. Gold equivalent production at Cerro Corona, in Peru, was
adversely impacted by the lower copper price relative to the gold price in Q4 2011.

Costs during the quarter were well contained with total cash cost expected to be
approximately US$770/oz (R200,000/kg) and NCE approximately US$1,210/oz (R315,000/kg).

Gold Fields’ quarterly results as well as results for the financial year ended
December 2011 will be released on Friday, 17 February 2012.

Notes to editors

About Gold Fields

Gold Fields is one of the world’s largest unhedged producers of gold with attributable
annualised production of 3.5 million gold equivalent ounces from eight operating mines in
Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse
global growth pipeline with four major projects in resource development and feasibility,
with construction decisions expected in the next 18 to 24 months. Gold Fields has total
attributable gold equivalent Mineral Reserves of 76.7 million ounces and Mineral Resources
of 225.4 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the
New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the
Swiss Exchange (SWX).

Sponsor: J.P. Morgan Equities Limited

        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

http://www.goldfields.co.za

        Enquiries

        Investor Enquiries
        Zakira Amra
        Tel: +27-11-562-9775
        Mobile: +27-79-694-0267
        Email: Zakira.Amra@goldfields.co.za

        Willie Jacobsz
        Tel: +1-508-839-1188
        Mobile: +1-857-241-7127
        Email: Willie.Jacobsz@gfexpl.com

        Media Enquiries

        Sven Lunsche
        Tel: +27-11-562-9763
        Mobile: +27-83-260-9279
        Email: Sven.Lunsche@goldfields.co.za

SOURCE Gold Fields Limited