Corporate

Cash dividend

In line with the Company's dividend policy, the Board has approved and declared a final dividend number 89 of 20 SA cents per ordinary share (gross) in respect of the year ended 31 December 2018. The final dividend will be subject to the Dividend Withholding Tax of 20 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:

•	The dividend has been declared out of income reserves;
•	The gross local dividend amount is 20 SA cents per ordinary share for shareholders exempt from dividends tax;
•	The Dividend Withholding Tax of 20 per cent (twenty per centum) will be applicable to this dividend;
•	The net local dividend amount is 16.000 SA cents per ordinary share for shareholders liable to pay the dividends tax;
•	Gold Fields currently has 821,532,707 ordinary shares in issue; and
•	Gold Fields' income tax number is 9160035607.

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

•	Final dividend number 89: 20 SA cents per share
•	Last date to trade cum-dividend: Tuesday, 12 March 2019
•	Sterling and US dollar conversion date: Wednesday, 13 March 2019
•	Shares commence trading ex-dividend: Wednesday, 13 March 2019
•	Record date: Friday, 15 March 2019
•	Payment of dividend: Monday, 18 March 2019

Share certificates may not be dematerialised or rematerialised between Wednesday 13 March 2019 and Friday 15 March 2019, both dates inclusive.

Ghana

The Ghana Chamber of Mines received a letter from the Government of Ghana dated 31 July 2018 indicating that the Government intended to exercise its right of pre-emption regarding minerals "raised, won and obtained in Ghana and from any area covered by territorial waters, the exclusive economic zone or the continental shelf and products derived from the refining or treatment of these minerals" in accordance with section 7 of the Minerals and Mining Act, 2006 (Act 703). In this regard, the letter stated that the Government intended to purchase up to 30 per cent of gold mined in Ghana from all mining companies and requested the Chamber to inform its members, including Gold Fields, of the Government's decision and be prepared to engage with the Ministry to finalise measures to ensure implementation by 1 November 2018. The Chamber on behalf of its Members has engaged and will continue to do so to obtain further information on this decision.

In a meeting on 8 January 2019 with representatives of the Chamber, the Minister of Lands and Natural Resources indicated that Government would collaborate with mining companies to determine ways of adding value to Ghana's mineral resources in a mutually beneficial way. The joint committee set up to achieve this common goal would commence work once the terms of reference had been finalised. The Chamber representatives pointed out that letters like the one issued on pre-emptive rights sent the wrong signals about Ghana and that it was better for Government to work collaboratively with the industry to adopt the best and most acceptable way to add value. We are yet to hear from the Ministry/Government.

Mining charter

On 27 September 2018, the Minister of Mineral Resources, published the Broad-Based Socio-Economic Empowerment Charter (2018 Mining Charter). On 19 December 2018, the Implementation Guidelines were published together with a Gazetted amendment to the 2018 Mining Charter.

The Minerals Council recognises that 2018 Mining Charter is an improvement on previous draft versions in 2017 however there are still certain matters including renewals that require more engagements with the Minister. We trust that the 2018 Mining Charter will promote a sustainable mining industry that will be supported by investment, growth, transformation and value creation.

Gold Fields continues to support the collaborative and consultative process of engagement with the Minister, the Department of Minerals and Resources and other stakeholders through the Minerals Council.