M E D I A
R E L E A S E
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Dir +27 11 644-2460
Fax +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2460
Fax +27 11 484-0639
North America
Cheryl A Martin
Tel +1 303 796-8683
Fax +1 303 796-8293
National Union of Mineworkers to strike at
Gold Fields despite existing agreement and
dialogue process
Johannesburg, 30 March 2005: Gold Fields Limited (GFI: JSE
and NYSE) regrets to announce that it has been informed by the
National Union of Mineworkers (NUM) that its members intend
proceeding with industrial action at all Gold Fields operations in
South Africa, commencing at 18:00 this evening.
The industrial action purports to relate to a dispute over living out
allowances. In terms of an existing agreement with the NUM the
current living out allowance is set at R706 per month, and is
increased annually in accordance with the percentage increase
granted in respect of wages. The NUM is demanding a 70%
increase in the living out allowance to R1,200 per month.
Gold Fields has received legal advice that the proposed
industrial action will be unprotected as there is an existing
agreement in place regulating the quantum of the living out
allowance as well as the mechanism for increases associated
with this allowance.
As a consequence Gold Fields will apply for an urgent interdict
against the proposed industrial action on the grounds that it
believes the action to be unprotected in terms of the Labour
Relations Act, due to the existence of the current agreement.
The proposed industrial action will affect 28,974 NUM members
of whom 6,871 receive living out allowances.
ends
Enquiries
Willie Jacobsz
Tel: 011 644–2460
Mobile: 082 493 1377
Directors: C M T Thompson* (Chairman), A J Wright (Deputy Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, G J Gerwel, N J Holland
†
(Chief
Financial Officer), J M McMahon
†
, G R Parker
‡
, R L Pennant-Rea
†
, P J Ryan, T M G Sexwale, B R van Rooyen, C I von Christierson
*Canadian,
†
British,
‡
American,
#
Ghanaian.
Corporate Secretary: C Farrel