Trading statement and operational performance for H1 2022

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code: ZAE000018123
(“Gold Fields” or the “Company”)


         Trading statement and operational performance for H1 2022

Johannesburg, 4 August 2022: Gold Fields Limited (Gold Fields) (JSE, NYSE:
GFI) advises that headline earnings per share for the six months ended 30
June 2022 (H1 2022) are expected to range from US$0.56-0.60 per share
(US$0.11-0.15 per share higher), which is 24% to 33% higher than the
headline earnings of US$0.45 per share reported for the six months ended 30
June 2021 (H1 2021). The increase in headline earnings is driven by higher
production and gold price, partially offset by higher costs.

Basic earnings per share for H1 2021 are expected to range from US$0.55-
0.59 per share (US$0.11- 0.15 per share higher), which is 25% to 34% higher
than the basic earnings of US$0.44 per share reported for H1 2021.

Normalised earnings per share for H1 2022 are expected to range from
US$0.54-0.58 per share (US$0.05-0.09 per share higher), which is 10% to 18%
higher than the normalised earnings of US$0.49 per share reported for H1
2021.

Q2 2022 operational performance
For Q2 2022, attributable gold equivalent production is expected to be 621koz
(Q1 2022: 580koz), with All-in costs (AIC) for the quarter expected to be
US$1,382/oz (Q1 2022: US$1,320/oz). All-in sustaining costs (AISC) are
expected to be US$1,146/oz (Q1 2022: US$1,150/oz).

H1 2022 operational performance
Attributable gold equivalent production for H1 2022 is expected to be
1,201koz, a 9% increase YoY (H1 2021: 1,104koz).

AIC for H1 2022 is expected to be US$1,352/oz, higher than H1 2021
(US$1,274/oz), a 6% increase YoY, as a result of an increase in operating
costs driven by mining inflation and the increased project capex at Salares
Norte. AISC for H1 2022 is expected to be US$1,148/oz (H1 2021: US$1,093/
oz), a 5% increase YoY.

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 expects to release H1 2022 financial results on Thursday, 25
August 2022.


Investor Enquiries

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 Enquiries

Sven Lunsche
Tel    +27 11 562 9763
Mobile       +27 82 260 9279
Email Sven.Lunsche@goldfields.com



Notes to editors

About Gold Fields

Gold Fields Limited is a globally diversified gold producer with nine
operating mines in Australia, Peru, South Africa, and West Africa (including
the Asanko Joint Venture) and one project in Chile. We have total attributable
annual gold-equivalent production of 2.34Mo, attributable gold-equivalent
Mineral Reserves of 48.6Moz and gold Mineral Resources of 111.8Moz. Our
shares are listed on the Johannesburg Stock Exchange (JSE) and our American
depositary share trade on the New York Stock Exchange (NYSE).


JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 04-08-2022 11:24:00
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.