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Gold Fields’ Opens New Housing Complex

October 1, 2010

JOHANNESBURG, October 1, 2010 /PRNewswire-FirstCall/ — Gold Fields
Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today opened a new
employee housing project in the Glenharvie community near its Kloof Gold Mine
as part of its R550-million, five year housing programme. The new Grootkloof
complex, representing an investment of R25-million, will offer housing
accommodation to approximately 100 Kloof employees and their families.

The complex is an integral part of Gold Fields’ continuing programme to
renovate housing, construct new family homes and upgrade and de-densify our
high-density accommodation. Significant progress has been made in this
regard: at present room density in the hostels is just over two per room,
from eight per room in 2006. Around 21,000 employees are accommodated by Gold
Fields in high-density accommodation.

The Employee Housing Programme is part of Gold Fields’ total wellbeing
programme called “24 Hours in the Life of a Gold Fields Employee in the South
African Region”. This programme is designed to improve every facet of the
health and well-being of employees, and addresses the key issues of safe
production, healthcare, nutrition, accommodation, sport and recreation as
well as education and training.

Gold Fields Chief Executive Officer, Nick Holland, said: “The well-being
of our employees is one of the company’s highest priorities and good
accommodation is a fundamental requirement for total well-being and quality
of life. These family homes are a key component of our wide-ranging employee
housing programme, which also includes the renovation of houses and the
upgrading of single accommodation villages into modern, high quality living
units.”

Notes to Editors

About Gold Fields

Gold Fields is one of the world’s largest unhedged producers of gold with
attributable production of 3.6 million 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 near mine exploration
projects at various stages of development. Gold Fields has total attributable
Mineral Reserves of 81 million ounces and Mineral Resources of 271 million
ounces. Gold Fields is listed on JSE Limited (primary listing), the New York
Stock Exchange (NYSE), the Dubai International Financial Exchange (DIFX), the
Euronext in Brussels (NYX) and the Swiss Exchange (SWX). For more information
please visit the Gold Fields website at http://www.goldfields.co.za

SOURCE Gold Fields Limited


Source: newswire



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