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Last updated on April 16, 2014 at 17:34 EDT

Gold Fields Guidance for March 2012 Quarter

April 16, 2012

JOHANNESBURG, April 16, 2012 /PRNewswire/ –

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that
attributable Group production for the March 2012 quarter (Q1 2012) is expected to be
827,000 gold equivalent ounces which is similar to the production from the corresponding
quarter a year ago (Q1 2011: 830,000 gold equivalent ounces) and taking into account
seasonal variances underpins the 2012 full year production guidance of 3.5Moz to 3.7Moz.

Total cash costs and notional cash expenditure (NCE) for the quarter are expected to
be approximately US$875/oz (R218,000/kg) and US$1,285/oz (R320,000/kg) respectively. Gold
Fields NCE for Q1 2012 compares favorably with the average NCE for the peer group[1] of
US$1,281/oz for CY 2011.

This guidance is based on exchange rates of ZAR/US$7.77 and A$/US$1.05 for Q1 2012.

Gold Fields will release full results for Q1 2012 on Thursday, 17 May 2012.

        1) Source: J.P. Morgan estimates. The NCE average for the peer group is
          calculated as a simple average and is not production weighted. Note: NCE = Operating
          costs excluding royalties plus capital expenditure expressed per ounce of gold
          produced. Newmont does not report royalty costs separately. Royalty costs are J.P.
          Morgan estimates and actuals could differ. The peer group includes: AngloGold Ashanti,
          Gold Fields, Kinross; Newmont, Barrick Gold, Harmony; GoldCorp and Newcrest

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 80.6 million ounces and Mineral Resources
of 217 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

        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


Source: PR Newswire