JOHANNESBURG, November 17 /PRNewswire-FirstCall/ -- Following a recent executive strategic review, Gold Fields Limited (JSE:GFIJSE:NYSE:JSE:GFI), is pleased to announce the following changes to the Gold Fields executive committee and senior management: John Munro, currently head of international operations will become head of corporate development where he will focus specifically on strategic development projects. As part of the executive team responsible for growth he will work alongside Jimmy Dowsley who remains head of business development and Craig Nelsen, who remains head of exploration. Terence Goodlace, currently head of strategic planning, will take over from John as head of international operations. A new head of strategic planning will be appointed in due course. Mike Prinsloo, currently head of South African operations, has accepted the newly created position of chief executive officer of the Gold Fields Academy, which will be renamed the Gold Fields Business and Leadership Academy. Mike has been tasked to build the Academy into an independent centre of excellence in education and training for the mining industry, with Gold Fields as its anchor client. Under Mike's guidance, the Academy is expected to significantly improve leadership capabilities throughout Gold Fields, an essential requirement for our campaign to achieve a 50% productivity improvement over the next five years. The Academy will also administer the Gold Fields management review and performance management processes. Koos Nel, currently head of human resources for the South African operations will join Mike Prinsloo at the Business Academy as Chief Operating Officer. His current position will be filled in due course. Brendan Walker, currently country manager for Gold Fields in Ghana, will take over from Mike as head of South African operations. A new country manager for Ghana will be appointed in due course. All of the changes will become effective on January 1, 2006, with the exception of the moves of Terence Goodlace and John Munro, which is with immediate effect. Information for Editors Following the changes the Gold Fields Executive Committee will consist of the following people: 1. Ian Cockerill Chief executive officer 2. Nick Holland Chief financial officer 3. Cain Farrel Company secretary 4. John Munro Head of corporate development 5. Jimmy Dowsley Head of business development 6. Craig Nelsen Head of exploration 7. Willie Jacobsz Head of investor relations and corporate affairs 8. James Nkosi Head of transformation and human resources 9. Terence Goodlace Head of international operations 10. Brendan Walker Head of South African operations http://www.goldfields.co.za/ DATASOURCE: Gold Fields Limited CONTACT: South Africa: Willie Jacobsz, Tel. +27-11-644-2630, Fax. +27-11-484-0639; Nerina Bodasing, Tel. +27-11-644-2460, Fax. +27-11-484-0639. North America: Cheryl A Martin, Tel. +1-303-796-8683, Fax. +1-303-796-8293

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