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GOLD FIELDS LIMITED - Two new appointments to the Gold Fields board of directors

Release Date: 22/07/2016 12:19
Code(s): GFI     PDF:  
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Two new appointments to the Gold Fields board of directors

Gold Fields Limited
Incorporated in the Republic of South Africa)
Registration Number 1968/004880/06)
JSE, NYSE, DIFX Share Code: GFI
ISIN: ZAE000018123
"Gold Fields" or “the Company”)

TWO NEW APPOINTMENTS TO THE GOLD FIELDS BOARD OF DIRECTORS

Gold Fields Limited (Gold Fields) is pleased to announce the appointments
of Alhassan Andani and Peter Bacchus as independent non-executive
directors to the Board of Gold Fields. This brings to four the
announcements of new non-executive directors to the Gold Fields Board over
the past two months.

The appointment of Mr Andani takes effect on 1 August 2016 and that of Mr
Bacchus on 1 September 2016. Earlier this month Gold Fields announced that
former KPMG Africa Chair Yunus Suleman will join the Board on 1 Sept ember
2016, while Impala Platinum CEO Terence Goodlace joined as a director on 1
July 2016.

Gold Fields Chairperson Cheryl Carolus said the four new directors will
ensure continuity of the skills set of the Board as a number of the
current directors were approaching retirement age over the next two years.
“The new directors provide the technical, financial, commercial and global
mining experience necessary to help Gold Fields maintain and further
strengthen its position as a global leader in sustainable gold mining,” Ms
Carolus said.

Mr Andani (55) is currently Chief Executive and Executive Director of
Stanbic Bank Ghana. He has held various directorship positions and is
currently the Board Chairman of the Ghana CSIR (Council for Scientific &
Industrial Research) and a director of SOS Villages Ghana. He holds a BSc
in Agriculture from the University of Ghana and a Master’s Degree in
Banking and Finance from the Finafrica Institute in Italy.

Mr Bacchus (47) is the Global Head of Mining & Metals and Joint Head of
European Investment Banking at investment bank Jefferies, based in London.
Prior to this position he was Global Head of Mining & Metals at Morgan
Stanley and before then Head of Investment Banking, Industrials and
Natural Resources at Citigroup. Mr Bacchus has over 20 years’ experience
in investment and corporate banking with a focus on the global natural
resources sector. He is also a non-executive director of UK-listed mining
group NordGold and a trustee of Space for Giants, an African-focused
conservation charity. He is a qualified Chartered Accountant and holds a
Masters in Economics from Cambridge University, United Kingdom.

The appointments have been made in terms of paragraph 3.59 (a) of the
Listing Requirements of the JSE Limited.

22 July 2016
Sponsor
JP Morgan Equities South Africa (Pty) Ltd

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