Directors: A J Wright (Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, A Grigorian°, N J Holland
†
(Chief Financial Officer), J M McMahon
†
,
J G Hopwood, D M J Ncube, R L Pennant-Rea
†
, P J Ryan, T M G Sexwale, C I von Christierson
†
British,
#
Ghanaian, °Russian
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fa +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2460
Fax +27 11 484-0639
williej@goldfields.co.za
Nerina Bodasing
Tel +27 11 644-2630
Fax +27 11 484-0639
Nerina.bodasing@goldfields.co.z
M E D I A
R E L E A S E
NOT TO BE RELEASED OR DISTRIBUTED IN, INTO OR FROM
AUSTRALIA, CANADA OR JAPAN.
US$1.2 BILLION CAPITAL RAISING
Johannesburg, 25 January 2007. Gold Fields Limited (Gold Fields)
(NYSE, JSE, DIFX: GFI) today announces a capital raising by way of a
private placement to institutional investors of new shares in the
Company (the “Capital Raising”) to raise the ZAR-equivalent of up to
US$1,200 million. The Capital Raising will be undertaken as a Vendor
Consideration Placing under the JSE Listings Requirements. In
addition, an over-allotment option (the “Over-allotment Option”) has
been granted by the Company pursuant to which it may issue up to an
additional 15% (the “Over-allotment Shares”) of the number of shares
placed in terms of the Capital Raising in order to cover over-allotments,
if any. All shares issued pursuant to the Capital Raising (including the
Over-allotment Shares) will be new ordinary shares to be issued by the
Company (the “New Shares”). The Capital Raising will take place at a
price to be established no later than 30 January 2007 (however, the
timing may be amended).
The proceeds of the Capital Raising will be used to repay debt incurred
for purposes of Gold Fields’ acquisition of Barrick Gold Corporation’s
50 per cent interest in the South Deep asset and its rights under the
joint venture agreement with Western Areas Limited.
The New Shares will, when issued, be credited as fully paid and will
rank pari passu in all respects with the existing issued ordinary shares
of the Company, including the right to receive future dividends and
other distributions declared, made or paid after the date of their issue,
including the right to participate in the interim dividend of 90 SA cents
per Gold Fields share announced today. Application will be made for
the New Shares to be admitted to trading on the JSE Limited.
ends
For further information, please contact:
Gold Fields Limited
South Africa
Willie Jacobsz
Nerina Bodasing
Phone: 27 11 644 2400
Fax: 27 11 484 0639
williej@goldfields.co.za
Nerina.Bodasing@goldfields.co.za