GFI - Gold Fields Limited - Dealing in securities by a director

GFI - Gold Fields Limited - Dealing in securities by a director                 
Gold Fields Limited                                                             
(Reg. No. 1968/004880/06)                                                       
(Incorporated in the Republic of South Africa)                                  
("Gold Fields" or "the Company")                                                
JSE, NYSE, DIFX Share Code: GFI                                                 
ISIN Code: ZAE000018123                                                         
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE  
Limited ("the Listings Requirements") we hereby advise that Mr Paul A Schmidt, a
director of Gold Fields Limited, has exercised Share Options which were issued  
to him in terms of The GF Management Incentive Scheme, as amended.              
Share options are offered at a strike price, with a third of the total share    
option grant vesting upon the second, third and fourth anniversaries of the     
grant date. The vested options can be exercised before the expiry date which is 
seven years from the grant date. The value of the Options which a participant   
may exercise will be the difference between the Share price at the date of      
exercise and the Strike price on the allocation date.                           
Details of the transaction are set out below:                                   
PA Schmidt                                    

Nature of transaction              On market sale of shares/options             
                                  in terms of the above scheme                  
Transaction Date                   1 March 2011                                 
Number of Shares/Options           15,934                                       
Class of Security                  Ordinary Shares                              
Strike price per share option      Please refer to the table below              
Market price per share             R124.28                                      
Total Value                        R1,980,341                                   
Total proceeds                     R789,255                                     
Vesting Period                     A third of the total share option            
                                  grant vests upon the second,                  
third and fourth anniversaries of             

                                  the grant date and the options                
                                  expire seven years from grant                 
                                  date.                                         
Nature of interest                 Direct and Beneficial                        
                                                                                
NAME       SURNAME    NUMBER OF      OFFER    MARKET   TRANSACTION              
                     SHARES/OPTIONS  PRICE   PRICE    DATE                      
(ZAR)    (ZAR)                              

Paul       Schmidt    500            84.17    124.284  01/03/2011               
                     2534           83.85    124.284  01/03/2011                
                     900            93.49    124.284  01/03/2011                
2400           83.18    124.284  01/03/2011                

                     2400           76.75    124.284  01/03/2011                
                     1200           67.93    124.284  01/03/2011                
                     1200           67.93    124.284  01/03/2011                
2400           63.65    124.284  01/03/2011                

                     2400           63.65    124.284  01/03/2011                
In terms of paragraph 3.66 of the Listings requirements the necessary clearance 
to deal in the above securities has been obtained.                              
3 March 2011                                                                    
Sponsor:                                                                        
J.P. Morgan Equities Limited                                                    
Date: 03/03/2011 14:04:00 Supplied by www.sharenet.co.za                     
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