Gold Fields Limited - Gold Fields Secures 95.6% of
GFI
GOGOF
Gold Fields Limited - Gold Fields Secures 95.6% of Western Areas
Media Release
Gold Fields Limited
(Reg. No.1968/004880/06)
(Incorporated in the Republic of South Africa)
JSE Share Code: GFI
NYSE Share Code: GFI
ISIN Code: ZAE000018123
("Gold Fields")
Gold Fields Secures 95.6% of Western Areas
Confirms Intention to Invoke 440K
Johannesburg, 18 January 2007. Gold Fields Limited (Gold Fields) (NYSE, JSE,
DIFX: GFI) is pleased to announce that it has received acceptances for a total
of 88.5 million Western Areas shares which, combined with the 66.1 million
shares already owned by Gold Fields, represents an interest of 95.6% in Western
Areas.
Gold Fields now intends to invoke Section 440K of the Companies Act which, if
successfully implemented, will result in Gold Fields compulsorily acquiring all
of the shares in Western Areas in respect of which the offer was not accepted.
A further announcement will be made in due course, providing greater detail and
clarity on the invocation of Section 440K.
Ian Cockerill, Chief Executive of Gold Fields said: "We are delighted to have
reached this significant milestone. Subject to completion of the 440k we can
proceed with the full integration of the entire South Deep Gold Mine as an
operating division of Gold Fields, which will result in a simplified management
structure for that operation."
end
Date: 19/01/2007 10:18:01 Produced by the JSE SENS Department.
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