Outlook

Gold production for the financial and calendar year ending 31 December 2011, is forecast between 3.5 million attributable equivalent ounces and 3.7 million attributable equivalent ounces. Total cash cost is estimated at US$760 per ounce (R175,000 per kilogram) and NCE is estimated at US$1,050 per ounce (R240,000 per kilogram). This estimate is based on an average exchange rate of R/US$ 7.14 and US$/A$ 1.00. The above is subject to the forward looking statement. The estimated financial information has not been reviewed and reported on by the Gold Fields’ auditors.