Directors
: A J Wright (Chairman), Dr M A Ramphele (Deputy Chairman), N J Holland
†
** (Chief Executive Officer), P A Schmidt** (Chief Financial Officer),
K Ansah
#
, C A Carolus, R Dañino*, A R Hill
≠
, R P Menell, D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson, G M Wilson
†
British,
≠
Canadian,
#
Ghanaian, *Peruvian, ** Executive Director
Corporate Secretary
: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
Investor Enquiries
Willie Jacobsz
Tel
+508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel +27 11 562-9706
Mobile +27 (0) 83 309-6720
email Nikki.Catrakilis-Wagner@
goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 (0) 83 260 9279
email Sven.Lunsche@goldfields.co.za
MEDIA RELEASE
MOODY’S ASSIGNS GOLD FIELDS INVESTMENT
GRADE CREDIT RATING
Johannesburg, 17 September 2010: Moody’s Investor
Services (“Moody’s”) today assigned Gold Fields Limited
(“Gold Fields”) (JSE, NYSE, NASDAQ Dubai: GFI) a first-
time ‘Baa3’ senior unsecured issuer rating. This investment
grade rating comes with a stable outlook.
Moody’s said that the rating reflected Gold Fields’ position as
the world’s fourth-largest gold producer as well as the group’s
very sizeable reserve base and industry-leading reserve life in
excess of 20 years. The stable outlook was based on the
expectation that Gold Fields would maintain healthy operating
margins and a conservative financial profile, Moody’s added.
Since March 2009, Standard & Poor’s Ratings Services
(“S&P”) has maintained an investment grade rating on Gold
Fields of ‘BBB-’ with a stable outlook.
Paul Schmidt, Chief Financial Officer of Gold Fields said:
“We are pleased with Moody’s rating of Gold Fields as an
investment grade company. The rating supports our solid
operating margins, low financial gearing and conservative
financial policy and will allow us to diversify our sources of
funding.”
ends
Notes to editors
About Gold Fields
Gold Fields is one of the world’s largest unhedged producers of gold with
attributable production of 3.5 million gold equivalent ounces per annum from nine
operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has
an extensive growth pipeline with both greenfields and nearmine exploration
projects at various stages of development. Gold Fields has total attributable gold
equivalent Mineral Reserves of 78 million ounces and Mineral Resources of 281
million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York
Stock Exchange (NYSE), the NASDAQ Dubai Limited, the Euronext in Brussels
(NYX) and the Swiss Exchange (SIX).