DRIEFONTEIN/ANGLOGOLD/GOLD FIELDS - FURTHER CAUTIONARY ANNOUNCEMENT

DRIEFONTEIN CONSOLIDATED LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 68/04880/06)
("DRIEFONTEIN")
ANGLOGOLD LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 05/17354/06)
("ANGLOGOLD")
GOLD FIELDS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 97/19961/06)
("GOLD FIELDS")
FURTHER CAUTIONARY ANNOUNCEMENT

FURTHER TO PREVIOUS ANNOUNCEMENTS, SHAREHOLDERS ARE ADVISED THAT DISCUSSIONS
ARE BEING HELD REGARDING THE POSSIBILITY OF DRIEFONTEIN ACQUIRING GOLD FIELDS.
ANY RESULTING TRANSACTION WILL TAKE FULL ACCOUNT OF ANGLOGOLD'S SHAREHOLDING IN
DRIEFONTEIN AND ITS PARTICIPATION IN THE JOINT VENTURE THAT MANAGES
DRIEFONTEIN'S MINING OPERATIONS.

A FURTHER ANNOUNCEMENT REGARDING THE STATUS OF THE DISCUSSIONS WILL BE MADE IN
JANUARY 1999.

SHAREHOLDERS ARE THEREFORE ADVISED TO EXERCISE CAUTION IN DEALING IN THEIR
SHARES.
JOHANNESBURG
18 DECEMBER 1998