GOLD FIELDS LIMITED - Dealings in Securities by di19 Dec 2012
GFI 201212190023A
Dealings in Securities by director of a major subsidiary

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
(“Gold Fields” or “the Company”)

JSE, NYSE, DIFX Share Code: GFI
ISIN Code:     ZAE000018123

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In   compliance   with   paragraphs   3.63   to   3.74   of   the
Listings   Requirements    of   JSE   Limited    ("the   Listings
Requirements") we hereby advise that Mr J Pauley, a Director of a
major subsidiary of Gold Fields Limited, has exercised Share
Options which were issued to him in terms of The GF Management
Incentive Scheme, as amended and has sold Bonus Shares (“BS”)
which were awarded to him in terms of the Gold Fields Limited
2012 Share Plan.

Share Options are offered at a strike price, with a third of the
total share option grant vesting upon the second, third and
fourth anniversaries of the grant date. The vested options can be
exercised before the expiry date which is seven years from the
grant date. The value of the Options which a participant may
exercise will be the difference between the Share price at the
date of exercise and the Strike price on the allocation date.


Details of the transaction are set out below:

                              J Pauley
Nature of transaction         Off market exercise of options / On
                              market sale of shares in terms of the
                              above scheme
Transaction Date              18 December 2012
Number of Shares              2400
Class of Security             Ordinary shares
Strike Price per share        R63.65
option
Market Price per share        R100.6248
Total Value                   R241 499.52
Total proceeds                R88 739.52
Vesting Period                A third of the total share option
                              grant vests upon the second, third
                              and fourth anniversaries of the grant
                              date and the options expire seven
                              years from grant date.
Nature of interest            Direct and Beneficial

                              J Pauley
Nature of transaction         Off market exercise of options / On
                              market sale of shares in terms of the
                              above scheme
Transaction Date              18 December 2012
Number of Shares              2400
Class of Security             Ordinary shares
Strike   Price    per    share R63.65
option
Market Price per share         R100.5833
Total Value                    R241 399.92
Total proceeds                 R88 639.92
Vesting Period                 A third of the total share option
                               grant vests upon the second, third
                               and fourth anniversaries of the grant
                               date and the options expire seven
                               years from grant date.
Nature of interest             Direct and Beneficial

                               J Pauley
Nature of transaction          On market sale of shares in terms of
                               the BS
Transaction Date               18 December 2012
Number of Shares               2463
Class of Security              Ordinary shares
Market Price per share         R100.0010
Total Value                    R246 302.46
Vesting Period                 50% of the award vests 9 months
                               following the grant date and the
                               remaining 50% vests 18 months
                               following the grant date.
Nature of interest             Direct and Beneficial



In terms of paragraph 3.66 of the Listings requirements the
necessary clearance to deal in the above securities has been
obtained.

19 December 2012
Sponsor:
JP Morgan Equities Limited

Date: 19/12/2012 01:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.