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GFI
GOGOF
GFI - Gold Fields Limited - Dealing in securities
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
DEALING IN SECURITIES
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements
of JSE Limited, shareholders are advised that Gold Fields Limited has granted,
on 2 June 2008 ("the Grant Date"), Share Appreciation Rights ("SARS")
and Performance Vesting Restricted Shares ("PVRS") to the chief
executive officer set out below. This offer was accepted by the chief
executive officer on 1 July 2008.
SARS are allocated at the volume weighted average price of Gold Fields
shares over the 20 trading days preceding the Grant Date. SARS vest after
three years and participants have a further three years in which to exercise
the SARS. The value of the SARS which a participant may exercise will be
the difference between the Fair Market Value at date of exercise and the
Fair Market Value on the allocation date. The Company at its sole
discretion can decide to settle the SARS by issuing shares of the
equivalent value or in cash.
PVRS are conditionally awarded with the final number settled after three
years dependent on the performance criteria set being met. The number of
shares to be settled will range from 0% to 300% of the conditional award.
The determined number of PVRS will be settled to the participant in shares or
in cash at the Company`s discretion.
Name NJ Holland
Position Chief Executive Officer
Company Gold Fields Limited
No of SARS granted 16 650
SARS strike price R103.99
No of PVRS granted 13 750
PVRS strike price Nil
Class of underlying security Ordinary shares
to which rights attach
Nature of transaction Grant of SARS and PVRS
Vesting Period The PVRS and SARS vest on the
third anniversary of the
Grant Date
Nature of interest Direct Beneficial
In accordance with section 3.66 of the Listings Requirements the
necessary clearance was obtained to grant the abovementioned SARS and PVRS.
1 July 2008
Sponsor:
JP Morgan Equities Limited
Date: 01/07/2008 17:01:05 Produced by the JSE SENS Department.
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