Dealing in securities 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 OF GOLD FIELDS LIMITED 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, purchased Gold Fields Limited shares on the open market in accordance with the introduction of the Company’s Minimum Shareholding Requirement (MSR) as approved at the AGM on 18 May 2016. Minimum Shareholding Requirement (MSR): The MSR is mandatory for Executives to hold GFL shares for a five year period based on the following target shareholdings: CEO: 200% of Annual Guaranteed Remuneration Package CFO and other Executives: 100% of Annual Remuneration Package Executives may commit in accordance with the MSR through the election prior to the determination of cash bonuses, vesting of shares awarded or through personal investment to acquire Gold Fields shares that will be restricted for five years and held in Escrow. Details of the transactions are set out below: NJ Holland Nature of transaction On market purchase of shares (election prior to the determination of the cash bonus to convert 50% of the 2017 cash bonus and 100% of the vested 2014 LTIP prior to the vesting determination into Gold Fields shares) Transaction Date 02 March 2017 Number of Shares 77,795 Class of Security Ordinary Shares Market Price per Share R40.9900 Total Value R3,188,817.05 Vesting Period The shares will be held in Escrow for a period of 5 years Nature of interest Direct and Beneficial NJ Holland Nature of transaction On market purchase of shares (election prior to the determination of the cash bonus to convert 50% of the 2017 cash bonus and 100% of the vested 2014 LTIP prior to the vesting determination into Gold Fields shares) Transaction Date 07 March 2017 Number of Shares 330,822 Class of Security Ordinary Shares Market Price per Share R41.5819 Total Value R13,756,207.32 Vesting Period The shares will be restricted and held in Escrow for a period of 5 years 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. 08 March 2017 Sponsor: JP Morgan Equities South Africa (Pty) Ltd Date: 08/03/2017 02:42:00 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.