Directors: A J Wright (Chairman), N J Holland
†
(Chief Executive Officer), K Ansah
#
, T P Goodlace (Chief Operating Officer), J G Hopwood,
G Marcus, D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson
†
British,
#
Ghanaian
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fax+27 11 484-0639
www.goldfields.co.za
Enquires
Willie Jacobsz
Tel
+508 358-0188
Mobile +857 241-7127
M E D I A R E L E A S E
GOODLACE TO LEAVE GOLD FIELDS
Johannesburg, July 30, 2008: Gold Fields Limited Limited (“Gold
Fields”) (NYSE, JSE, DIFX: GFI) regrets to announce that Terence
Goodlace has informed the Board of his resignation as Chief Operating
Officer and an executive director of the Company, effective September
30, 2008.
Goodlace said: “My resignation was prompted entirely by very private
and personal considerations. I regret that I will not be with Gold Fields
to share in its recovery over the next few quarters, but I will be leaving
with the knowledge that the building blocks for success are in place,
and that Gold Fields has the depth in executive and operational
leadership required to execute its strategy.”
Alan Wright, Chairman of Gold Fields said: “In the light of his personal
circumstances I have reluctantly accepted Terence’s resignation. He
will leave Gold Fields with our blessings and our deep respect and
gratitude for the many and varied contributions that he has made to the
Group.”
Nick Holland, Chief Executive Officer said, “Terence has been a key
member of the Gold Fields leadership team since its inception in 1998
and has served the company with distinction in various executive
positions over this period. He will be remembered for his deep
understanding of all facets of mining and, in particular, for the seminal
role that he played in re-defining Gold Fields’ approach to the safety of
its people in the work place. He will leave behind many friends.”
Terence’s current position of Chief Operating Officer will be split into
two roles, with Vishnu Pillay, currently the Head of South African
operations, continuing in that role as Executive Vice President of the
South African operations, and Glenn Baldwin, currently Head of
Australian and West African operations, assuming the role of Executive
Vice President for all international operations. Both Vishnu and Glenn
will report to Nick Holland and join the Group General Executive
Committee. The change in the reporting structure will become effective
on October 1, 2008.
-ends-
About Gold Fields
Gold Fields Limited is one of the world’s largest unhedged producers of gold with
attributable production of more than four million ounces per annum from eight
operating mines in South Africa, Ghana and Australia.