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GOLD FIELDS LIMITED - Unlawful and Unprotected Strike at KDC East continues

Release Date: 03/09/2012 08:26
Code(s): GFI     PDF:  
Wrap Text
Unlawful and Unprotected Strike at KDC East continues

 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


M E D I A      R E L E A S E

Unlawful and Unprotected Strike at KDC East continues

Johannesburg, Monday, 3 September 2012. Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ
Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC East)
on the West Rand in South Africa continue to engage in an unlawful and unprotected strike.

Approximately 12,000 employees are participating in the strike which started with the night shift on
August 29. To date three night shifts as well as two day shifts have been lost.

It appears that the strike is the result of an internal dispute between the local branch leadership of the
National Union of Mineworkers and certain employee groupings within the NUM membership, who
are demanding the resignation and replacement of local NUM branch office bearers.

The senior leadership of Gold Fields’ South Africa Region as well as the KDC East mine continue to
engage with stakeholders, including local, regional and national structures of the NUM, with a view to
maintaining the peace and finding an urgent solution to the problem.

Nick Holland, CEO of Gold Fields, called on all stakeholders to place the safety and security of
employees ahead of any partisan interests and to engage in good faith with a view to finding a
peaceful solution. “The safety of our people is our first priority and we appeal to all stakeholders to
continue to act with restraint,” he said.

Gold Fields has been granted an urgent interdict to bring the unlawful and unprotected strike to an
end. Peter Turner, Executive Vice President and Head of Gold Fields’ South Africa Region, explained:
“While we have the right to proceed with the implementation of the interdict, our preference at this
stage is to assist the NUM leadership to resolve their internal conflict peacefully and in a manner that
would not put at risk the employment and livelihoods of 12,000 people, who are our employees and
their members,” Turner said.

Holland added: “We are giving this issue the highest priority and have asked the Department of
Mineral Resources (DMR) and the national leadership of the NUM to assist us in facilitating a solution.

“The current situation calls for bold and exceptional leadership from all stakeholders,” he added.

There have been inaccurate reports that the ongoing strike is as a consequence of the unilateral
implementation by the Company of a funeral policy scheme. This is completely devoid of truth.
Investor Enquiries:

Willie Jacobsz
Senior Vice President
Head of Investor Relations and Corporate Affairs
USA Cell: +1 857 241 7127
RSA Cell: +27 82 971 9238
Email: willie.jacobsz@goldfields.co.za

Media Enquiries

Sven Lunsche
Vice President: Corporate Affairs
Cell: +27 83 260 9279
Email: sven.lunsche@goldfields.co.za


Notes to editors

About Gold Fields
Gold Fields is one of the world’s largest unhedged producers of gold with attributable annualised
production of 3.5 million gold equivalent ounces from eight operating mines in Australia, Ghana, Peru
and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four major
projects in resource development and feasibility, with construction decisions expected in the next 18
to 24 months. Gold Fields has total attributable gold equivalent Mineral Reserves of 80.6 million
ounces and Mineral Resources of 217 million ounces. Gold Fields is listed on the JSE Limited (primary
listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and
the Swiss Exchange (SWX).


Sponsor:
J.P. Morgan Equities Limited

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

Investor Enquiries
Willie Jacobsz
Tel     +27 11 562 9775
Mobile +27 82 971 9238 (SA)
Mobile +1 857 241 7127 (USA)
Email Willie.Jacobsz@goldfields.co.za

Remmy Kawala
Tel    +27 11 562 9844
Mobile +27 82 312 8692
Email Remmy.Kawala@goldfields.co.za

Media Enquiries

Sven Lunsche
Tel    +27 11 562 9763
Mobile +27 83 260 9279
Email Sven.Lunsche@goldfields.co.za

Date: 03/09/2012 08:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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