GFI - Gold Fields Limited - Dealing in securities by director

GFI - Gold Fields Limited - Dealing in securities by 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 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 NJ Holland, a    
Director of Gold Fields Limited has exercised Share Appreciation Rights (SARS)  
which were issued to him in terms of the Gold Fields Limited 2005 Share Plan.   
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.                      
Details of the transaction are set out below:                                   
                           NJ Holland                                           
Nature of transaction       On market sale of shares in terms                   
                           of the above scheme                                  
Transaction Date            14 November 2011                                    
Number of Shares/Options    732                                                 
Class of Security           Ordinary Shares                                     
Strike price per share      R125.28                                             
option                                                                          
Market price per share      R137.1777                                           
Total Value                 R100,414.07                                         
Total proceeds              R8,703.48                                           
Vesting Period              SARS vest after three years of                      
                           grant and participants have a                        
                           further three years before                           
                           expiry.                                              
Nature of interest          Direct and Beneficial                               
                                                                                
                           NJ Holland                                           
Nature of transaction       On market sale of shares in terms                   
of the above scheme                                  

Transaction Date            14 November 2011                                    
Number of Shares/Options    1345                                                
Class of Security           Ordinary Shares                                     
Strike price per share      R124.19                                             
option                                                                          
Market price per share      R137.1777                                           
Total Value                 R184,504.00                                         
Total proceeds              R17,458.10                                          
Vesting Period              SARS vest after three years of                      
                           grant and participants have a                        
                           further three years before                           
expiry.                                              

Nature of interest          Direct and Beneficial                               
                                                                                
                           NJ Holland                                           
Nature of transaction       On market sale of shares in terms                   
                           of the above scheme                                  
Transaction Date            14 November 2011                                    
Number of Shares/Options    2758                                                
Class of Security           Ordinary Shares                                     
Strike price per share      R107.59                                             
option                                                                          
Market price per share      R137.1777                                           
Total Value                 R378,336.09                                         
Total proceeds              R81,581.64                                          
Vesting Period              SARS vest after three years of                      
                           grant and participants have a                        
further three years before                           

                           expiry.                                              
Nature of interest          Direct and Beneficial                               
                                                                                
NJ Holland                                           

Nature of transaction       On market sale of shares in terms                   
                           of the above scheme                                  
Transaction Date            14 November 2011                                    
Number of Shares/Options    7978                                                
Class of Security           Ordinary Shares                                     
Strike price per share      R103.99                                             
option                                                                          
Market price per share      R137.1777                                           
Total Value                 R1,094,403.69                                       
Total proceeds              R264,710.04                                         
Vesting Period              SARS vest after three years of                      
grant and participants have a                        

                           further three years before                           
                           expiry.                                              
Nature of interest          Direct and Beneficial                               


In terms of paragraph 3.66 of the Listings requirements the necessary clearance 
to deal in the above securities has been obtained.                              
14 November 2011                                                                
Sponsor:                                                                        
J.P. Morgan Equities Limited                                                    
Date: 14/11/2011 17:43:44 Supplied by www.sharenet.co.za                     
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