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Gold Fields Ranks Top in Carbon Ratings

November 12, 2010

JOHANNESBURG, November 12, 2010 /PRNewswire-FirstCall/ — Gold Fields
Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce
that it was ranked joint first in the JSE Top 100 Carbon Disclosure
Leadership Index (CDLI), which rates companies listed on the Johannesburg
Stock Exchange in South Africa on their disclosure of carbon emissions.

In 2009 Gold Fields was fifth in the CDLI, but this year it improved to
joint first (with FirstRand) with a disclosure rating of 93 percent. The
awards were handed over at a function in Johannesburg last night by South
Africa’s
new Water & Environmental Affairs Minister, Mrs Edna Molewa.

The CDLI is carried out annually by the global Carbon Disclosure Project
(CDP) organisation amongst 5,000 companies in 60 countries. In SA the project
is supported by the National Business Initiative.

The CDP also evaluates companies based on their strategies and projects
to mitigate the impact of climate change. In this ranking, the Carbon
Performance Ratings, Gold Fields was also one of only four JSE Top 100
companies placed in the top band for their climate mitigation and adaptation
actions.

Gold Fields Chief Executive Officer, Nick Holland, commented on the
awards: “We are committed to sustainable gold mining and our actions on
energy efficiency and carbon emissions are integral to the way we do business.

“Mitigating the impact of carbon emissions starts with a detailed
inventory of our footprint which then leads to emission reducing projects.
That is why we are so pleased that we performed well both in the CDLI and the
Carbon Performance Ratings,” he adds.

Earlier this year Gold Fields become the world’s first gold mining
company to sell Certified Emissions Reductions (CERs), the financial
securities used to trade carbon emissions. The CERs were derived from the
capture of methane gas at its Beatrix Gold Mine in South Africa’s Free State
province.

More details on Gold Fields’ carbon policies and projects are available
on the company’s website at: http://www.goldfields.co.za/sus_cs_executive.php.

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

SOURCE Gold Fields Limited


Source: newswire



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