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Mon 18 Oct 2004, 9:00 Gold Fields Limited - Cautionary Announcement
Gold Fields Limited - Cautionary Announcement                                   
Gold Fields Limited                                                             
Registration number: 1968/004880/06                                             
ISIN: ZAE000018123       JSE Code: GFI                                          
(`Gold Fields` or the `company`)                                                
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders of Gold Fields (`shareholders`) are advised that the board of      
directors of Gold Fields has received an unsolicited proposal regarding a       
potential merger between Gold Fields and a third party. The proposal, which was 
received at 18:00 on Saturday, 16 October and which has now lapsed, did not     
constitute an offer to shareholders in terms of the rules of the Securities     
Regulation Code on Takeovers and Mergers.                                       
Given that the company is currently the subject of rumour and speculation and   
that a more complete proposal or alternatively a firm offer may shortly be made,
shareholders are advised to exercise caution when dealing in securities of the  
company until such time as a further announcement is made.                      
Johannesburg                                                                    
18 October 2004                                                                 
Sponsor                                                                         
JPMorgan
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