Directors: A J Wright (Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, A Grigorian°, N J Holland
†
(Chief Financial Officer), J G Hopwood,
G Marcus, J M McMahon
†
, D M J Ncube, R L Pennant-Rea
†
, P J Ryan, T M G Sexwale, C I von Christierson
†
British,
#
Ghanaian, °Russian
Corporate Secretary: C Farrel
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
Fax +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2460
Fax +27 11 484-0639
williej@goldfields.co.za
Nerina Bodasing
Tel +27 11 644-2630
Fax +27 11 484-0639
Nerina.bodasing@goldfields.co.za
M E D I A
R E L E A S E
GOLD FIELDS ANNOUNCES EXERCISE OF WARRANTS
TO INCREASE ITS STAKE IN GOLDQUEST
Johannesburg, South Africa – June 27, 2007: Gold Fields Limited
(NYSE, JSE, DIFX:GFI) announced that on June 22, 2007 its indirect
wholly-owned subsidiary Gold Fields Exploration B.V. (“Gold Fields
Exploration”) exercised warrants to acquire 1,200,000 common shares
of GoldQuest Mining Corp (TSXV:GQC) (“GoldQuest”) for an exercise
price of $0.30 per common share. The 1,200,000 common shares
acquired represent approximately 2.43% of the outstanding common
shares of GoldQuest. Following its exercise of the warrants, Gold
Fields Exploration holds approximately 10.85% of the outstanding
common shares of GoldQuest.
The warrants of GoldQuest were originally acquired by Gold Fields
Exploration on August 8, 2005 as part of a private placement. While
Gold Fields Exploration has no current intention to acquire additional
securities of GoldQuest in the immediate future, it may increase or
decrease its interest in GoldQuest at prices which it determines to be
attractive at any time.
GoldQuest is an exploration company focused on the Dominican
Republic. Through regional grass-roots generative exploration and
new geological models the company has built a portfolio of new gold
and copper discoveries
Gold Fields Limited is one of the world’s largest unhedged producers of
gold, with attributable production of 4.2 million ounces per annum, ore
reserves of 94 million ounces and mineral resources of 251 million
ounces. The company is listed on the JSE Securities Exchange
(primary listing), NYSE, LSE, DIFX, Euronext in Paris and Brussels, as
well as on the Swiss Exchange.
ends
For further information:
Gold Fields Limited - South Africa
Willie Jacobsz
Nerina Bodasing
williej@goldfields.co.za
nerina.bodasing@goldfields.co.za
Phone +27 11 644-2460
Phone +27 11 644-2360