JSE
GEN
SECURITIES REGULATION PANEL
OFFER BY GOLD FIELDS LIMITED TO ACQUIRE THE ENTIRE ISSUED SHARE
CAPITAL OF WESTERN AREAS LIMITED
Further to its announcements of 9 and 12 October 2006, and the hearing held on
13 October 2006 the Executive Committee of the Securities Regulation Panel
informs all interested parties that it has made the following ruling:
The Executive Committee approves the offer document in respect of the offer by
Gold Fields for the acquisition of the entire issued share capital of Western
Areas, subject to:
- the condition that the top up provision, being that if during the period of
3 months after closing the offer, Gold Fields paid a higher price for
Western Areas shares it would top-up the consideration payable to JCI, is
extended to all shareholders of Western Areas and is incorporated into the
offer;
- the condition that Gold Fields relinquishes its entitlement in terms of the
JCI transaction that JCI is obliged to vote its shares in accordance with
the wishes of Gold Fields before Gold Fields becomes holder of the shares
in Western Areas; and
- such comments as may be raised, and such amendments as may be required to
the form, but not the substance of the offer, by the Executive Director.
Securities Regulation Panel
2 Sherborne Road, Parktown, 2193
P.O. Box 91833, Auckland Park, 2006
Tel: (011) 482 5630
Fax: (011) 482 5635
e-mail: srp@iafrica.com
17 October 2006
Date: 17/10/2006 10:51:27 AM Produced by the JSE SENS Department
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