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GFI
GOGOF
GFI - Gold Fields Limited - Media release
Gold Fields Limited
Incorporated in the Republic of South Africa
Registration number 1968/004880/06
Share code: GFI
Issuer code: GOGOF
ISIN: ZAE000018123
MEDIA RELEASE
GOLD FIELDS ANNOUNCES EXERCISE OF WARRANTS TO INCREASE ITS STAKE IN
GOLDQUEST
Johannesburg, South Africa - June 27, 2007: Gold Fields Limited (NYSE,
JSE, DIFX:GFI) announced that on June 22, 2007 its indirect wholly-owned
subsidiary Gold Fields Exploration B.V. ("Gold Fields Exploration")
exercised warrants to acquire 1,200,000 common shares of GoldQuest Mining
Corp (TSXV:GQC) ("GoldQuest") for an exercise price of $0.30 per common
share. The 1,200,000 common shares acquired represent approximately 2.43%
of the outstanding common shares of GoldQuest. Following its exercise of
the warrants, Gold Fields Exploration holds approximately 10.85% of the
outstanding common shares of GoldQuest.
The warrants of GoldQuest were originally acquired by Gold Fields
Exploration on August 8, 2005 as part of a private placement. While Gold
Fields Exploration has no current intention to acquire additional
securities of GoldQuest in the immediate future, it may increase or
decrease its interest in GoldQuest at prices which it determines to be
attractive at any time.
GoldQuest is an exploration company focused on the Dominican Republic.
Through regional grass-roots generative exploration and new geological
models the company has built a portfolio of new gold and copper discoveries
Gold Fields Limited is one of the world`s largest unhedged producers of
gold, with attributable production of 4.2 million ounces per annum, ore
reserves of 94 million ounces and mineral resources of 251 million ounces.
The company is listed on the JSE Securities Exchange (primary listing),
NYSE, LSE, DIFX, Euronext in Paris and Brussels, as well as on the Swiss
Exchange.
ends
For further information:
Gold Fields Limited - South Africa
Willie Jacobsz Nerina Bodasing
williej@goldfields.co.za nerina.bodasing@goldfields.co.za
Phone +27 11 644-2460 Phone +27 11 644-2360
Gold Fields Exploration B.V.
Rokin 55, 1012KK
Amsterdam
The Netherlands
Date: 27/06/2007 08:51:59 Produced by the JSE SENS Department.
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