Creating Gold Fields International - Proxy Form Update Gold Fields International : A Global Growth Vehicle Firmly in Your Hands JOHANNESBURG, South Africa, December 2 /PRNewswire-FirstCall/ -- On 30th November, we announced modified terms for the transaction under which Gold Fields' assets and subsidiaries outside of the South African Development Community will be combined with IAMGold. Under these modified terms, the cash consideration that Gold Fields will pay into the combined entity will be reduced by $200 million, making the deal even more attractive for you. VOTE "YES" FOR GOLD FIELDS INTERNATIONAL ON THE GOLD PROXY CARD For assistance please phone: South Africa: Renate Muckenhuber at +27-11-370-5484 Europe: Dominic Dennis at +44-(0)20-7710-9967 North America Broker enquiries: Frank Lentini at +1-212-750-7946 North America Bank enquiries: Lloyd Lefcourt at +1-212-750-7419 Let me remind you why we are proposing this transaction and why you stand to benefit from the creation of Gold Fields International Our purpose in proposing the creation of Gold Fields International is: - To create a vehicle capable of generating dynamic international growth in which you, the Gold Fields shareholder, will participate directly through your 70% controlling stake; - To ensure that you benefit directly from the premium share rating typically given to North American listed gold companies. We have already seen that premium rating come through in the share prices of both Gold Fields and IAMGold (which is now a proxy for Gold Fields International); and - To let you benefit from the potential value creation derived from a company that is staffed and focused towards aggressive growth, that is domiciled at the centre of the international deal flow, has ready access to the international capital markets and the ability to respond rapidly to opportunities as they arise. The transaction is well thought through, robust and creates an exciting growth vehicle: - Gold Fields will fully CONSOLIDATE and CONTROL Gold Fields International, thereby enabling Gold Fields shareholders to benefit from future growth and value creation. We will have: - 70% ownership of Gold Fields International - 7 out of 10 board members - Gold Fields proven management team - Top-up rights to mitigate dilution - Anticipated production of approximately 2 million ounces in 2005 is projected to increase to approximately 3.5 million gold equivalent ounces in 2007 through our existing organic growth projects and our exciting, high impact and fully funded project pipeline. - Proven and probable attributable gold reserves of 19.2 million ounces, measured and indicated resources (including reserves) of 25.9 million ounces, and additional inferred resources of 9.1 million ounces. - Strong pipeline of near-term development projects and an extensive portfolio of attractive advanced-stage exploration projects. - Unhedged production and reserves giving direct and full exposure to the gold price. - Geographically diversified asset base including operations and projects in Australia, West Africa, China, Europe and the Americas. - Strong balance sheet with anticipated operating cash flow in financial year 2005 of approximately US$251 million (assuming a gold price of US$400 per ounce). - Experienced management team drawn from Gold Fields Limited and IAMGold with a well-established international mine development and operating track record. VOTE FOR VALUE VOTE FOR GROWTH VOTE FOR GOLD FIELDS INTERNATIONAL Thank you IAN COCKERILL CHIEF EXECUTIVE DATASOURCE: Gold Fields Limited CONTACT: Contact details: South Africa, Willie Jacobsz, 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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