MEDIA RELEASE

               Kennedy to head up Kloof Gold Mine at Gold Fields               

Johannesburg, 12 March 2003: Gold Fields Limited [GFI] today announced that
Gerrit Kennedy will replace Neal Froneman as Vice President and Head of
Operations for the Group's Kloof Gold Mine, as from 1 April 2003.

Kennedy is a well-respected and experienced mining engineer with extensive
management experience on the deep level mines of the West Wits Basin. He joined
Gold Fields in April 2002 from Samancor. Prior to that Kennedy was a senior
manager at AngloGold's Western Deep Levels Gold Mine.

Mike Prinsloo, Executive Vice President and Head of South African Operations
said: "We appreciate the invaluable contribution that Neal has made to Gold
Fields and to Kloof in particular. His leadership has assisted in Kloof's
turnaround and he leaves behind a strong team and legacy for Gerrit to build
and further consolidate on, to ensure Kloof's future. "

"Neal Froneman will leave Gold Fields at the end of March 2003 to pursue his
personal business interests. We wish him well," said Prinsloo.

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