TO BUSINESS EDITOR: 
 
              Gold Fields Acquires Cerro Corona Project in Peru 
 
    JOHANNESBURG, South Africa, Dec. 19 -- Gold Fields Ltd. (NYSE: GFI; Johannesburg), 
through its subsidiary, Gold Fields Corona BVI., has signed a definitive Share Purchase 
Agreement to acquire 92 per cent of the voting shares of Sociedad Minera La Cima S.A. 
from various members of the Gubbins family.  Sociedad Minera La Cima owns the Cerro 
Corona Project and other mineral properties in Cajamarca, Peru.  Closing of the agreement 
is conditional upon the completion of the acquisition of required surface rights, approval 
of the EIS and the issue  of construction permits. 

    Based upon a Definitive Feasibility Study completed by GRD Minproc with an amendment 
completed in August 2003, it is believed that the project has the capacity to produce 147,000 
ounces of gold and 65 million pounds of copper per year (280,000 ounces of gold-equivalent), 
with total operating costs of  $212 per ounce of gold equivalent or $0.48 per pound of copper 
equivalent (using a gold price of $360/oz and a copper price of 80c/lb).   
    
     The deposit, which lies within a well endowed trend just to the north of the Yanacocha 
mine in the Cajamarca district of northern Peru, is well studied and has robust economics.  
Previous feasibility studies of the deposit exploited a larger resource base indicating potential 
for expansion over the most recent Definitive Feasibility Study.  The remainder of the belt 
and the district has seen relatively little modern exploration and, thus, is quite prospective. 
    
     The Cerro Corona deposit is a gold-copper porphyry with reserves, based on the Definitive 
Feasibility Study, as presented in the table below. 
 
 
                                  Cerro Corona Ore reserves 
                                                        
                                                      Contained Metal 
     
     Classification      Ore(1)(2)   Cu      Au         Cu        Au 
                         (Mt)        (%)    (g/t)      (kt)     (koz) 
     Proved              50.7        0.60    1.11       306      1809 
     Probable            14.5        0.62    1.24        91       579 
     Total               65.2        0.61    1.14       397      2388 
     
     Note: 
     (1)  Ore cut-off based on individual block revenue after processing and  
          administration costs of at least $1.75/t. 
     (2)  Block revenue based on Cu selling price of $0.90/lb and Au selling  
          price of $275/oz. 
 
 
    Ian Cockerill, President and CEO of Gold Fields Ltd., commented, "This 
transaction is in line with our strategy of diversifying our geographical, 
technical and political risk by acquiring and developing long-life, world 
class assets in all of the major gold provinces of the world.  This acquisition 
will give us our first operational exposure in South America, a base from which 
we intend to grow in the region." 
 
    Gold Fields is the world's largest unhedged gold company, with annual 
attributable gold production of 4.33 million ounces and attributable Mineral 
Resources of 196 million ounces and Mineral Reserves of 84 million ounces.  
It has operations in South Africa, Australia and Ghana (West Africa) and gold 
and platinum group metals exploration projects throughout the world. The company's 
primary listing is on the Johannesburg Securities Exchange in South Africa (GFI) with 
secondary listings on the London, Euronext, Paris, Brussels, and Swiss exchanges.  
The company's American Depositary shares are listed on the New York Stock Exchange, 
also under the symbol GFI. 
 
SOURCE  Gold Fields Ltd. 
    
-0-                             12/19/2003 
    
/CONTACT:  South Africa, Neriina Bodasing, +27-11-644-2630, or fax,  
+27-11-484-0639, or North America, Cheryl A. Martin, +1-303-796-
8683, or fax, +1-303-796-8293, both of Gold Fields Ltd./ 




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