GOLD FIELDS LIMITED - Dealing in securities29 Jun 2020
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 Share Code: GFI
ISIN Code: ZAE000018123

DEALING IN SECURITIES

In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements
of JSE Limited, shareholders are advised that Gold Fields Limited has
awarded on 19 June 2020 (“the Award Date”), Award effective 14 February
2020, Conditional Performance Shares to directors and Public Officers
of the Company and major subsidiaries in terms of the Gold Fields
Limited 2012 Share Plan (as amended) as set out below.

Performance Shares (PS) are conditionally awarded, based on a share
price of R104.7568 being the 3 day VWAP of 26, 27, 28 February 2020.
The number of PS which may settle to a participant on vesting date i.e.
three years from effective date of the award, will be determined by the
Company achieving pre-determined performance conditions as follows:

Relative TSR - measured against the performance of ten other major gold
mining companies based on the Gold Fields share price compared to the
basket of respective US dollar share prices of the peer group;

Absolute TSR - Gold Fields share price measured at the start and the
end of the performance period; and

Free Cash Flow Margin – achievement of pre-determined FCFM target.

The number of shares to be settled will range from 0% to 200% of the
initial conditional award.

Name                                TARYN HARMSE
Position                            Prescribed Officer
No of PS awarded and accepted       72926
Market Price per Share              R104.7568
Total Value                         R7 639 494
Award Acceptance Date               24/6/2020
Class of underlying security to     Ordinary Shares
which rights attach
Nature of transaction               Off market acceptance of
                                    Conditional Performance Shares
Vesting Period                      Performance Shares vest on third
                                    anniversary of effective Award date
Nature of interest                  Direct and Beneficial

Name                                AVISHKAR NAGASER
Position                            Prescribed Officer
No of PS awarded and accepted       53222
Market Price per Share              R104.7568
Total Value                         R5 575 366
Award Acceptance Date               26/6/2020
Class of underlying security to     Ordinary Shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Conditional Performance Shares
Vesting Period                    Performance Shares vest on third
                                  anniversary of effective Award date
Nature of interest                Direct and Beneficial

Name                              BRETT MATTISON
Position                          Prescribed Officer
No of PS awarded and accepted     89250
Market Price per Share            R104.7568
Total Value                       R9 349 544
Award Acceptance Date             26/6/2020
Class of underlying security to   Ordinary Shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Conditional Performance Shares
Vesting Period                    Performance Shares vest on third
                                  anniversary of effective Award date
Nature of interest                Direct and Beneficial

Name                              ALEX MUNT
Position                          Gold Fields Australia (Pty) Ltd,
                                  GSM Holding Company Limited, Darlot
                                  Holding Company (Pty) Limited
No of PS awarded and accepted     13002
Market Price per Share            R104.7568
Total Value                       R1 362 048
Award Acceptance Date             26/6/2020
Class of underlying security to   Ordinary Shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Conditional Performance Shares
Vesting Period                    Performance Shares vest on third
                                  anniversary of effective Award date
Nature of interest                Direct and Beneficial

Name                              PHILLIP WOODHOUSE
Position                          Gold Fields Australia (Pty) Ltd,
                                  GSM Holding Company Limited, Darlot
                                  Holding Company (Pty) Limited
No of PS awarded and accepted     9826
Market Price per Share            R104.7568
Total Value                       R1 029 340
Award Acceptance Date             26/6/2020
Class of underlying security to   Ordinary Shares
which rights attach
Nature of transaction             Off market acceptance of
                                  Conditional Performance Shares
Vesting Period                    Performance Shares vest on third
                                  anniversary of effective Award date
Nature of interest                Direct and Beneficial

Name                              STUART MATHEWS
Position                          Gold Fields Australia (Pty) Ltd,
                                    GSM Holding Company Limited, Darlot
                                    Holding Company (Pty) Limited
No of PS awarded and accepted       90471
Market Price per Share              R104.7568
Total Value                         R9 477 452
Award Acceptance Date               26/6/2020
Class of underlying security to     Ordinary Shares
which rights attach
Nature of transaction               Off market acceptance of
                                    Conditional Performance Shares
Vesting Period                      Performance Shares vest on third
                                    anniversary of effective Award date
Nature of interest                  Direct and Beneficial

Name                                RICHARD BUTCHER
Position                            Prescribed Officer
No of PS awarded and accepted       46937
Market Price per Share              R104.7568
Total Value                         R4 916 970
Award Acceptance Date               26/6/2020
Class of underlying security to     Ordinary Shares
which rights attach
Nature of transaction               Off market acceptance of
                                    Conditional Performance Shares
Vesting Period                      Performance Shares vest on third
                                    anniversary of effective Award date
Nature of interest                  Direct and Beneficial


In accordance with section 3.66 of       the   Listings   Requirements,   the
necessary clearance has been obtained.

29 June 2020
Sponsor:
JP Morgan Equities South Africa Proprietary Limited

Date: 29-06-2020 01:08:00
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