| Tue 2 Nov 2010, 11:55 | | GFI - Gold Fields - Shareholders Approve BEE Deals |
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GFI
GOGOF
GFI - Gold Fields - Shareholders Approve BEE Deals
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
("Gold Fields" or "the Company")
JSE, NYSE, NASDAQ Dubai - Share Code: GFI
NYX Code: GFLB, and SWX Code: GOLI
ISIN: ZAE000018123
MEDIA RELEASE
SHAREHOLDERS APPROVE BEE DEALS
Johannesburg, 2 November 2010: Gold Fields Limited (Gold Fields) (JSE, NYSE,
NASDAQ Dubai: GFI) today held its AGM and a subsequent general meeting to vote
on the black economic empowerment transactions, detailed in a statement on 5
August 2010.
All the resolutions listed in the 2010 Annual Report were approved by the AGM.
The BEE transactions were approved at the general meeting by an overwhelming
majority of 99.8% of the 85% of shareholders who voted.
The transactions, which are still subject to a number of other suspensive
conditions, will enable Gold Fields to meet its 2014 BEE ownership commitments
and should be completed before the end of 2010.
Gold Fields new chair, Dr Mamphela Ramphele, who took over the role from Alan
Wright at the conclusion of today`s AGM, said in her remarks that the BEE deals
approved today "set a benchmark for the nature and structuring of empowerment
transactions.
"With the approval of these transactions, the shareholders of Gold Fields have
ensured that South African employees of Gold Fields will also be shareholders of
this company. This is now their company and the future of Gold Fields is their
future, not only as employees, but also as co-owners," Dr Ramphele said.
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
www.goldfields.co.za
Enquiries
Investor Enquiries
Willie Jacobsz
Tel +508 839 1188
Mobile +857 241 7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel +27 11 562 9706
Mobile +27 83 309 6720
email Nikki.Catrakilis-Wagner@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 83 260 9279
email Sven.Lunsche@goldfields.co.za
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
Date: 02/11/2010 11:55:01 Produced by the JSE SENS Department.
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