GFI : Dealings 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

In   compliance    with   paragraphs   3.63   to   3.74    of   the
Listings Requirements of JSE Limited ("the Listings Requirements")
we hereby advise that Mr M Preece, a director of Major Subsidiaries
Gold Fields Operations (GFO) and GFI Joint Venture Ltd, and Ms TL
Harmse, acting Company Secretary of Gold Fields Ltd      elected to
defer a portion of Performance Shares vested on 14 February 2020 in
terms of satisfying the     Minimum Shareholding Requirement (MSR)
Policy.

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 commit Gold Fields
shares toward the satisfaction of the MSR.

Details of the transactions are set out below:

                                  M Preece
Nature of transaction             Portion of Performance Shares vested
                                  on 14 February 2020 under the Gold
                                  Fields Limited 2012 Amended Share
                                  Plan, deferred to Restricted Shares in
                                  terms of the MSR obligation
Transaction Date                  19 February 2020
Number of Shares                  82,327
Class of Security                 Ordinary Shares
Vesting Period                    The plan vesting date is the date that
                                  the Performance Shares or Retention
                                  Shares would have vested and become
                                  unconditionally owned by the
                                  Executive.
Nature of interest                Direct and Beneficial

                                  TL Harmse
Nature of transaction             Portion of Performance Shares vested
                                  on 14 February 2020 under the Gold
                                  Fields Limited 2012 Amended Share
                                  Plan, deferred to Restricted Shares in
                                  terms of the MSR obligation
Transaction Date                  19 February 2020
Number of Shares                  40,000
Class of Security                 Ordinary Shares
Vesting Period                    The plan vesting date is the date that
                                  the Performance Shares or Retention
                                  Shares would have vested and become
                                  unconditionally owned by the
                                  Executive.
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.

24 February 2020
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

Date: 24-02-2020 05:26:00
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