Gold Fields Limited
To List On The
New York Stock Exchange
Johannesburg, 29 April 2002: Gold Fields Limited (JSE - GFI, and NASDAQ -
GOLD ) is pleased to announce that it will, on May 9, 2002, list on the New
York Stock Exchange (NYSE).
Gold Fields will trade under the ticker symbol GFI - the same as is used on
the Johannesburg Stock Exchange where the Company's primary listing is held.
The Company will list American Depositary Shares (ADSs), administered
through The Bank of New York, with one ADS representing one ordinary share.
Commenting on the intended listing, Chris Thompson, Chairman and Chief
Executive Officer of Gold Fields, said; "This is an important step,
especially for our North American shareholders who will benefit from the
greater visibility and improved liquidity offered by the New York Stock
Exchange."
Gold Fields will de-list from the Nasdaq Stock Market, where its ADSs
currently trade, at the open of business on May 9, 2002.
Gold Fields is one of the largest gold producers in the world with a market
capitalisation of approximately R65 billion (US$6 billion) and production of
approximately 4.5 million ounces of gold annually from operations in South
Africa, Ghana and Australia.
The company has proven and probable reserves of 84.5 million ounces. It also
has a 51% stake in an advanced stage exploration project, the Arctic
Platinum Partnership, in Finland.
In addition to the NYSE, Gold Fields will trade on the Johannesburg Stock
Exchange (GFI) as well as on the London, Paris, Brussels and Swiss stock
exchanges.
end
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