Gold Fields Finalises Executive Team



    JOHANNESBURG, Aug. 4 /CNW/ - Gold Fields Limited (Gold Fields) (JSE,
NYSE, NASDAQ Dubai: GFI) today announced the appointment of three additional
members to its Group executive team, reporting to Chief Executive Officer of
Gold Fields, Nick Holland.

    
    -   Peter Turner has been appointed as Executive Vice President: Head of
        the West Africa Region;

    -   Juan Luis Kruger ("Juancho") has been appointed as Executive Vice
        President: Head of Operations for South America; and

    -   Ben Zikmundovsky has been appointed as Executive Vice President: Head
        of International Capital Projects and International Technical
        Services.
    

    Nick Holland said:

    "With these three executive appointments the Gold Fields Executive Team
is now complete and the senior leadership in place to progress Gold Fields'
new regionalization strategy."
    "Peter and Juan Luis will take responsibility for all operational
activities in their respective regions, and will work with the Business
Development and Exploration teams to grow production in each of their regions,
to achieve our medium-term target of one million ounces of production within
four years from each of these regions."
    "Ben will take responsibility for all international growth projects as
well as the International Technical Group. This is a key appointment
considering the extensive growth pipeline and the number of advanced stage
projects which we hope to bring to account over the next few years."
    Peter Turner, who trained as a Mechanical Engineer, has more than 34
years of experience in the mining industry. He moved to Ghana in 2008 when he
was appointed Vice President of Operations and before that he headed up the
Kloof Gold Mine in South Africa. Prior to joining Gold Fields in 2005, he was
the General Manager, East and West Africa Region for AngloGold Ashanti where
he spent the majority of his career. He progressed through the ranks, starting
as an Engineering Trainee at Vaal Reefs in 1975, later spending time in
various managerial positions at numerous gold mining operations.
    Juancho Kruger, has a Bachelor degree in Business and Finance and a
Masters Degree in Business Administration, and has over fifteen years of broad
experience in corporate finance, strategic planning and general management in
the mining, consumer goods, airline, telecommunications and financial services
industries in South America. Juancho joined Gold Fields in October 2007 as
Senior Vice President and Country Manager for the Peruvian Operations, and
lead the start up team at Cerro Corona. As of April 2008, he assumed
responsibilities for the South American region. Prior to joining the company
he held senior management positions for LAN Airlines, Glencore, McKinsey&Co.,
Telefonica and Procter&Gamble in South America.
    Ben Zikmundovsky, originally trained as a Mechanical Engineer, has over
30 years' experience in the development of companies, operations and projects
in the mining, mineral processing, construction and equipment industries on
the African continent, in South America, the former Soviet Union countries,
the Middle East and in Europe. Ben started his career in 1973 as a Project
Design Engineer for Roberts Union Corporation (RUC) in South Africa, and has
since worked in various capacities ranging from Group Projects Director for
Lenning Holdings (JCI-South Africa), Business Manager for Bechtel Australia
and, until recently, as Managing Director Africa for GRD Minproc Limited.

    About Gold Fields

    Gold Fields Limited is one of the world's largest unhedged producers of
gold with attributable steady state production of approximately 4 million
ounces per annum from nine operating mines in South Africa, Peru, Ghana and
Australia. 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), NASDAQ
Dubai Limited (NASDAQ Dubai), NYSE 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: Media and Investor Enquiries: Willie Jacobsz,
Tel (508) 839-1188, Mobile (857) 241-7127, email Willie.Jacobsz@gfexpl.com;
Nikki Catrakilis-Wagner, Tel +27-11-562-9706, Mobile +27(0)83-309-6720, email
Nikki.Catrakils-Wagner@goldfields.co.za; Media Enquiries: Julian Gwillim, Tel
+27-11-562-9774, Mobile +27(0)82-452-4389, email
Julian.Gwillim@goldfields.co.za


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