Gold Fields Increases Stake In Western Areas To 18
GFI
GOGOF
Gold Fields Increases Stake In Western Areas To 18.9%
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
MEDIA RELEASE
Gold Fields Increases Stake in Western Areas to 18.9%
Johannesburg, 12 July 2006: Gold Fields Limited (Gold Fields) (NYSE: GFI; JSE:
GFI) is pleased to announce that it has acquired an additional 3 million Western
Areas Limited shares.
This acquisition, completed on Tuesday, 11 July, 2006, brings Gold Fields" total
stake in Western Areas to 29.16 million shares, or 18.9% of that Company"s total
issued share capital.
The transaction was brokered by Frankel Consulting.
Western Areas Limited owns 50% of the developing South Deep gold mine, which is
adjacent to Gold Fields" Kloof Gold Mine, near Westonaria in South Africa. The
other 50% of South Deep is owned by Barrick Gold of Canada.
Gold Fields is one of the world"s largest unhedged gold producers, with annual
gold production of approximately 4.2 million ounces from mines in South Africa,
Ghana, Australia and Venezuela, as well as a developing mine at Cerro Corona in
Peru. The Company has ore reserves of 65 million ounces and mineral resources of
179 million ounces. Gold Fields has its primary listing on the Johannesburg
Securities Exchange and secondary listings on the NYSE, LSE, Euronext in Paris
and Brussels, and on the Swiss Exchange. All of Gold Fields" operations are ISO
14001 certified.
ends
Date: 12/07/2006 05:16:15 PM Produced by the JSE SENS Department
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