Corporate

ENERGY, WATER AND CLIMATE CHANGE

Gold Fields has undertaken a number of energy, water and climate change initiatives during the quarter:

An agreement was signed with the Carbon War Room/Rocky Mountain Institute, a global non-profit organisation founded by Sir Richard Branson and like-minded entrepreneurs to accelerate the adoption of business solutions to advance the low carbon economy, to investigate energy security and the integration of renewable energy at its operations. The report by the organisation has been completed and its key findings have been integrated into our mines’ energy plans.

Gold Fields has started implementing five-year regional energy security plans that have been developed in response to rising energy costs and energy supply concerns in West Africa and South Africa.

Australia’s Clean Energy Regulator, set up under Australia’s new carbon policy, in May approved an application to its Emission Reduction Fund (ERF) from Gold Fields to earn carbon credits (ACCUs) from a project that meets criteria specified in the ERF ‘industrial electricity and fuel efficiency' methodology. Gold Fields will earn the credits by switching the power station at its Granny Smith mine from diesel to gas – a cleaner fuel. The project is only the second to be approved by the ERF.

The Group submitted its 2015 Carbon Disclosure Report (CDP) detailing its greenhouse gas emissions, energy use and the risks and opportunities arising from climate change. It also submitted its 2015 CDP Water Disclosure Report (WDP) which contains information relating to its water usage, goals and water-related risks. Both reports are available on the Gold Fields website.

WOODJAM PROJECT DISPOSAL

Gold Fields reached an agreement with its partner, Consolidated Woodjam Copper Corporation (“Woodjam Copper”) (TSX-V: WCC), to sell its 51 per cent interest in the Woodjam copper-gold-molybdenum projects located in British Columbia (BC), Canada.

Under the agreement Woodjam Copper will procure 100 per cent control of the Woodjam project by purchasing all of the shares in the wholly owned subsidiary that currently holds Gold Fields’ 51 per cent joint venture interest. In exchange, Gold Fields will be issued with new Woodjam Copper shares to take its aggregate holding in Woodjam Copper to 19.9 per cent, and Gold Fields will retain a 2 per cent Net Smelter Return Royalty (NSR) over all unencumbered land owned by Woodjam Copper. This royalty may be reduced at any time to 1 per cent by paying Gold Fields CAD$5,000,000 in cash. An NSR of 0,5 per cent will apply to certain encumbered claims, subject to terms and conditions.

In addition, Gold Fields’ holding shall be topped-up (to a maximum of 50,000,000 additional shares) on the third anniversary of the agreement, for no additional consideration so that Gold Fields’ holding at that time remains equal to 19.9 per cent of the then issued and outstanding shares of Woodjam Copper. Gold Fields will have the option of maintaining its interest by participating in future share placements. Furthermore, Woodjam Copper will pay Gold Fields all past accumulated refundable BC mineral exploration tax credits earned in the current Gold Fields subsidiary. These will be settled in cash as they are received. The agreement remains subject to acceptance by the TSX-Venture Exchange, and the transaction is expected to close once these regulatory approvals have been obtained.

CASH DIVIDEND

In line with the company’s dividend policy to pay out a dividend of between 25 and 35 per cent of its earnings, the Board has approved and declared an interim dividend number 82 of 4 SA cents per ordinary share (gross) in respect of the six months ended 30 June 2015. This translates to 35 per cent of normalised earnings. The interim dividend will be subject to the Dividend Withholding Tax that was introduced with effect from 1 April 2012 of 15 per cent. In accordance with paragraphs 11.17(a)(i) and 11.17(c) of the JSE Listings Requirements, the following additional information is disclosed:

Shareholders are advised of the following dates in respect of the final dividend:

Share certificates may not be dematerialised or rematerialised between Monday, 7 September 2015 and Friday, 11 September 2015, both dates inclusive.