Trading statement for H1 2019 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 MEDIA RELEASE Trading statement for H1 2019 Johannesburg, 2 August 2019: Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2019 (H1 2019) is expected to be between US¢8.0-10.0 per share, an improvement of US¢53.0-55.0 per share (118-122%) from the basic loss of US¢45.0 per share reported for the six months ended 30 June 2018 (H1 2018). Headline earnings per share (HEPS) for H1 2019 are expected to be 10-15% (US¢0.8-1.2 per share) lower at US¢6.8-7.2 per share from the US¢8 per share reported for H1 2018 Normalised earnings for H1 2019 are expected to be US¢13.0-17.0 per share, 160-240% (US¢8.0-12.0 per share) higher than the US¢5.0 per share reported for H1 2018. Attributable gold equivalent production for the six months ended 30 June 2019 increased by 9% YoY to 1,083koz (H1 2018: 994koz), mainly due to the inclusion of the contribution from Asanko in H1 2019. On 14 November 2018, the World Gold Council (WGC) published an update to its guidance on the interpretation of all-in sustaining costs (AISC) and all-in costs (AIC). Gold Fields has adopted the revision prospectively from 1 January 2019. Based on the revised WGC guidance, AISC for the Group is US$891/oz for H1 2019. On the previous interpretation, AISC for the period was US$973/oz (H1 2018: US$965/oz), marginally higher YoY. AIC for H1 2019 was 5% lower YoY at US$1,106/oz (H1 2018: US$1,169/oz) as project capital started to decrease. AIC reporting was not affected by the revised WGC guidance. For Q2 2019 attributable group gold-equivalent production was 541koz (Q1 2019: 542koz), with AISC (new interpretation) of US$910/oz (Q1 2019: US$871/oz); AISC (previous interpretation) of US$985/oz (Q1 2019: US$963/oz) and AIC of US$1,132/oz (Q1 2019: US$1,080/oz). The financial information on which this trading statement is based has not been reviewed, and reported on, by the Company’s external auditors. Gold Fields will release H1 2019 financial results on Thursday, 15 August 2018. Enquiries Investors Avishkar Nagaser Tel: +27 11 562-9775 Mobile: +27 82 312 8692 Email : Avishkar.Nagaser@goldfields.com Thomas Mengel Tel: +27 11 562 9849 Mobile: +27 72 493 5170 Email: Thomas.Mengel@goldfields.com Media Sven Lunsche Tel: +27 11 562-9763 Mobile: +27 83 260 9279 Email : Sven.Lunsche@goldfields.com ends Notes to editors About Gold Fields Gold Fields Limited is a globally diversified gold producer with eight operating mines (including our Asanko Joint Venture) and projects in Australia, Chile, Ghana, Peru and South Africa, with total attributable annual gold-equivalent production of approximately 2Moz. It has attributable gold Mineral Reserves of around 48.1Moz and gold Mineral Resources of around 96.6Moz. Attributable copper Mineral Reserves total 691 million pounds and Mineral Resources 4,816 million pounds. Gold Fields has a primary listing on the Johannesburg Stock Exchange (JSE) Limited, with a secondary listing on the New York Stock Exchange (NYSE). Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd Date: 02/08/2019 08:25:00 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.