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Gold Fields to Beat Guidance - Production Update for Quarter and Year Ended 31 December 2013

Gold Fields to Beat Guidance - Production Update for Quarter and Year Ended 31
                                December 2013

PR Newswire

JOHANNESBURG, January 21, 2014

JOHANNESBURG, January 21, 2014 /PRNewswire/ --

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today
announced that attributable Group production for the December 2013 quarter (Q4
2013) is expected to be approximately 598,000 gold-equivalent ounces, which is
21% higher than the 496,000 ounces achieved in the September 2013 quarter (Q3
2013). These results will include a maiden contribution of approximately
114,000 ounces for the December quarter from the newly acquired Yilgarn South
assets in Western Australia.

Total cash costs for Q4 2013 is expected to be approximately US$780/oz, which
is marginally higher than the US$772/oz achieved in Q3 2013, and notional cash
expenditure (NCE) is expected to be approximately US$1,030/oz, 3% lower than
the US$1,064/oz achieved in Q3 2013.

Attributable production for the full year 2013 is expected to be approximately
2,02 million ounces, with total cash cost of approximately US$810/oz, and NCE
of approximately US$1,150/oz.

The production and cost results expected for 2013 are significantly better
than the original guidance of between 1.83 and 1.90 million ounces of
production, at cash costs of US$860/oz and NCE of US$ 1,360/oz, provided in
February 2013, as well as the revised guidance of between 1.92 and 2.00
million ounces, at cash costs of US$830/oz and NCE of US$1,240/oz, provided on
20 November 2013, after the acquisition of the Yilgarn South assets.

Gold Fields' results for the quarter and year ended 31 December 2013 will be
published on Thursday, 13 February 2014.

Notes to editors

About Gold Fields

Gold Fields Limited is an unhedged, globally diversified producer of gold with
eight operating mines in Australia, Ghana, Peru and South Africa. In February
2013 Gold Fields unbundled its KDC and Beatrix mines in South Africa into an
independent and separately listed company, Sibanye Gold.In October 2013 Gold
Fields acquired Barrick's Granny Smith, Lawlers and Darlot Gold Mines in
Western Australia. Gold Fields subsequently has attributable gold-equivalent
annual production of approximately 2.2 million ounces, Mineral Reserves of
approximately 60 million ounces and Mineral Resources of approximately 158
million ounces. Gold Fields has a primary listing on the JSE Limited, with
secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai
Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Enquiries

Investors
Willie Jacobsz
Mobile: +27-82-971-9238 (SA)
Mobile: +1-857-241-7127 (USA)
email: Willie.Jacobsz@goldfields.co.za

Media
Sven Lunsche
Tel:+27-11-562-9763
Mobile: +27-83-260-9279
email: Sven.Lunsche@goldfields.co.za

SOURCE Gold Fields Limited