Directors: A J Wright (Chairman), N J Holland
†**
(Chief Executive Officer), P A Schmidt** (Chief Financial Officer), K Ansah
#
, C A Carolus,
R Dañino*, A R Hill
≠
, R P Menell, D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson, G M Wilson
†
British,
≠
Canadian,
#
Ghanaian, *Peruvian, ** Executive Director
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
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.Catrakilis-Wagner@
goldfields.co.za
Media Enquiries
Sven Lunsche
Tel
+27 11 562-9763
Mobile +27 (0) 83 260 9279
email Sven.Lunsche@goldfields.co.za
MEDIA RELEASE
GOLD FIELDS SECURES NEW
LOAN FACILITY
Johannesburg, May 24, 2010:
Gold Fields Limited (Gold Fields)
(JSE, NYSE, NASDAQ Dubai: GFI) today announced that it has
secured a US$450 million revolving credit loan maturing 30 September
2013 to refinance a US$311 million one-year facility that expired in
May 2010. Gold Fields was seeking a minimum of US$300 million from
the banks approached to support the revolving credit loan.
The new facility, agreed by Gold Fields with a “club” of nine banks, is
charged at 175 basis points above the London Interbank Offered Rate
(Libor). This facility, which is currently undrawn, is for general
corporate purposes and working capital requirements.
“The favourable response from the banks gives our balance sheet
greater liquidity as we accelerate our global expansion programme,”
said Gold Fields CFO Paul Schmidt. “The new loan bears a lower
interest rate than the previous facility and significantly improves our
debt maturity profile,” he added.
ends
Notes to editors
About Gold Fields
Gold Fields is one of the world’s largest unhedged producers of gold with attributable
production of 3.6 million ounces* per annum from nine operating mines in South Africa,
Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both
greenfields and near mine exploration projects at various stages of development. Gold Fields
has total attributable Mineral Reserves of 81 million ounces and Mineral Resources of 271
million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York Stock
Exchange (NYSE), the Dubai International Financial Exchange (DIFX), the Euronext in
Brussels (NYX) and the Swiss Exchange (SWX). For more information please visit the Gold
Fields website at
www.goldfields.co.za
*Based on the annualised run rate for the second quarter of F2010