JOHANNESBURG, November 22 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (NYSE, JSE, DIFX: GFI) is pleased to announce that the South African Competition Tribunal today gave Gold Fields permission to proceed with its proposed acquisition of Western Areas Limited and Barricks' share of the South Deep Gold Mine. Ian Cockerill, Chief Executive Officer of Gold Fields, said: "We are delighted that all conditions precedent have now been met and that we can move towards the successful completion of these transactions." "Following today's ruling we can close the transaction with Barrick Gold through which we will acquire their 50% stake in South Deep. Western Areas shareholders can now also accept Gold Fields' offer in terms of which we aim to acquire all of those Western Areas shares which we do not already own," said Cockerill. "The South Deep gold mine fits naturally with Gold Fields' portfolio of high quality, long-life assets. It makes commercial and operational sense for South Deep to be in the Gold Fields stable as our expertise and experience will enable us to extract maximum value for all stakeholders, in line with our long-term strategy of sustainable growth," added Cockerill. Gold Fields is one of the world's largest unhedged gold producers, with annual gold production of approximately 4.1 million ounces from mines in South Africa, Ghana, Australia and Venezuela, as well as a developing mine at Cerro Corona in Peru. The Company has ore reserves of 65 million ounces and mineral resources of 179 million ounces. Gold Fields has its primary listing on the Johannesburg Securities Exchange and secondary listings on the NYSE, LSE, Euronext in Paris and Brussels, and on the Swiss Exchange. All of Gold Fields' operations are ISO 14001 certified. DATASOURCE: Gold Fields Limited CONTACT: Enquiries: South Africa, Willie Jacobsz, Tel. +27-11-644-2460, Fax +27-11-484-0639, . Nerina Bodasing, Tel. +27-11-644-2630, Fax +27-11-484-0639, . North America, Cheryl A Martin, Tel. +1-303-796-8683, Fax +1-303-796-8293,

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