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
Gold Fields Raises $195M in Private Placement
Johannesburg, 5 November 2003: Gold Fields Limited (GFI - NYSE and JSE) is
pleased to announce the successful completion of an international issue of 15m
shares through a private placement raising $195m.
The 3% equity placement of Gold Fields securities was distributed to a number of
international institutional investors raising $195m at $13.00 a share. The
placement, undertaken by JP Morgan, was well subscribed and finalised at a 1%
discount to the closing price of Gold Fields shares on the JSE Securities
Exchange on 4 November 2004.
Nick Holland, Chief Financial Officer of Gold Fields stated, "At the present
time the equity market for gold shares is very favourable and we are extremely
pleased with the level of interest shown in the placement. Having received
Reserve Bank approval to keep the money offshore, it could be used to fund a
portion of our capital requirements in Ghana and Australia and/or to actively
pursue future offshore growth opportunities."
The new placement securities will rank equally with existing securities and are
to be listed on the JSE. Application will be made for the listing of the shares
on the Official List of the United Kingdom Listing Authority and for admission
to trading on the London Stock Exchange. Application is also expected to be made
for listing of the shares on the Premier Marche of the Euronext Paris, on the
SWX Swiss Exchange and on the New York Stock Exchange.
ends
Date: 05/11/2003 09:17:03 AM Supplied by www.sharenet.co.za
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