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New CEO for Goldfields

Johannesburg, South Africa — MININGREVIEW.COM — 01 April, 2008 – After a distinguished career of nine years with Gold Fields Limited – the last six as chief executive officer – Ian Cockerill has decided to step down to join a company outside the gold industry.

Making the announcement here late yesterday, the Gold Fields Board revealed that Cockerill would be succeeded by Nick Holland, who has been the chief financial officer of the company since its inception in 1998. In a complimentary move, Terence Goodlace – executive vice president and head of South African operations – will be appointed to the new position of chief operating officer, and as a member of the Gold Fields Board. A new chief financial officer will be recruited to replace Holland.

The Board also announced that executive vice president of corporate development John Munro has resigned to take up the position of chief executive officer of a new uranium company. His executive responsibilities for corporate development will be assumed by senior vice president for business development Jimmy Dowsley. In a supporting move, senior vice president and head of operations in Peru Juan Luis Kruger will be appointed to the Gold Fields Executive Committee, to head up South American operations.

All of these changes will be effective as of 1 May 2008.