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GFI - Gold Fields Limited - Dealing in securities

Release Date: 04/04/2011 14:24
Code(s): GFI
Wrap Text

GFI - Gold Fields Limited - Dealing in securities Gold Fields Limited (Reg. No. 1968/004880/06) (Incorporated in the Republic of South Africa) Share Code: GFI ISIN Code: ZAE000018123 DEALING IN SECURITIES In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of JSE Limited, shareholders are advised that Gold Fields Limited has granted on 1 March 2011 ("the Grant Date"), Share Appreciation Rights ("SARS") and Performance Vesting Restricted Shares ("PVRS") to Mr. MMC Mutloane a director of GFI Mining South Africa (Pty) Ltd, a major subsidiary of Gold Fields Limited, as set out below. The offer was accepted on 30 March 2011. SARS are allocated at the volume weighted average price of Gold Fields shares over the 20 trading days preceding the Grant Date. SARS vest after three years and participants have a further three years in which to exercise the SARS. The value of the SARS which a participant may exercise will be the difference between the Fair Market Value at date of exercise and the Fair Market Value on the allocation date. The Company at its sole discretion can decide to settle the SARS by issuing shares of the equivalent value or in cash. PVRS are conditionally awarded with the final number settled after three years dependent on the performance criteria set being met. The number of shares to be settled will range from 0% to 300% of the conditional award. The determined number of PVRS will be settled to the participant in shares or in cash at the Company`s discretion. Name MMC Mutloane Position Director of GFI Mining South Africa (Pty) Ltd Company Gold Fields Limited No of SARS granted 3,825 SARS strike price R119.15 No of PVRS granted 2,175 PVRS strike price Nil Class of underlying security Ordinary shares to which rights attach Nature of transaction Grant of SARS and PVRS Vesting Period The PVRS and SARS vest on the third anniversary of the Grant Date
Nature of interest Direct Beneficial In accordance with section 3.66 of the Listings Requirements the necessary clearance was obtained to grant the abovementioned SARS and PVRS. 4 April 2011 Sponsor: J.P. Morgan Equities Limited Date: 04/04/2011 14:24:32 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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