Gold Fields Appoints Paul Schmidt as Chief Financial Officer



    JOHANNESBURG, Jan. 14 /CNW/ - Gold Fields Limited (Gold Fields) (NYSE,
JSE, DIFX: GFI) is pleased to announce the appointment of Paul Schmidt CA (SA)
as chief financial officer of the Group, a position in which he has acted
since May 2008.
    Paul is a chartered accountant with eighteen years of industry
experience. He spent six years with Deloitte auditing mainly clients in the
gold mining industry. He joined Gengold, part of the Gencor group, in 1996 as
an assistant financial manager at the St Helena Gold Mine where he worked for
three years, gaining valuable operational experience. He was promoted to the
Gold Fields corporate office as financial manager in 1999, and to the position
of group financial controller in April 2003.
    Gold Fields' chief executive officer, Nick Holland, said: "Over the past
eight months Paul has acted with distinction in the role of chief financial
officer. His twelve years of experience in senior operational and executive
positions, and his deep knowledge of the Group, equips him well for his new
role. As group financial controller he gained extensive international
experience and was involved in all corporate financial activities of the
Group. His appointment follows an extensive local and international search."
    The appointment is effective from 1 January 2009.

    About Gold Fields

    Gold Fields Limited is one of the world's largest unhedged producers of
gold with attributable production of 3,64 million ounces per annum from eight
operating mines in South Africa, Ghana and Australia. A ninth mine, Cerro
Corona Gold/Copper mine in Peru, commenced production in August 2008 at an
initial rate of approximately 375,000 gold equivalent ounces per annum. Gold
Fields aims to reach a production rate of approximately 4.0 million ounces per
annum during the March quarter of 2009. The company has total attributable ore
reserves of 83 million ounces and mineral resources of 251 million ounces.
Gold Fields is listed on the JSE Limited (primary listing), New York Stock
Exchange (NYSE) and Dubai International Financial Exchange (DIFX) New Euronext
in Brussels (NYX) and Swiss Exchange (SWX). For more information please visit
the Gold Fields website at http://www.goldfields.co.za.





For further information:

For further information: Enquiries: Willie Jacobsz, Mobile: (857)
241-7127; Marritt Claassens, Mobile: +27(0)82-307-3297


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