GFI 201702240038A
Increase in dividend withhold tax

Gold Fields Limited
(Registration Number 1968/004880/06)
("Gold Fields " or “the Company”)

JSE, NYSE, NASDAQ Dubai Share Code: GFI
NYX Code: GFLB, and SWX Code: GOLI
ISIN: ZAE000018123

ANNOUNCEMENT: INCREASE IN DIVIDEND WITHHOLDING TAX

The Finance Minister Pravin Gordhan announced on 22 February
2017 during the delivery of the 2017 Budget an increase in the
dividend withholding tax from 15% to 20%. Shareholders are
requested to note that as the effective date of the new rate
relates to all dividends paid on or after 22 February 2017, the
Gold Fields dividend payable on Monday 13 March 2017(announced
on 16 February 2017) will be subject to the new rate as follows:

CASH DIVIDEND

In line with the company’s dividend policy to pay out a dividend
of between 25 and 35 per cent of its earnings, the Board has
approved and declared a final dividend number 85 of 60 SA cents
per ordinary share (gross) in respect of the year ended 31
December 2016.   This translates to 32 per cent of normalised
earnings.   The final dividend will be subject to the Dividend
Withholding Tax that was introduced with effect from 22 February
2017 of 20% per cent. In accordance with paragraphs 11.17(a)(i)
and 11.17(c) of the JSE Listings Requirements, the following
additional information is disclosed:
- The dividend has been declared out of income reserves;
- The local dividends withholding tax rate is 20 per cent (twenty per
  centum);
- The gross local dividend amount is 60 SA cents per ordinary share for
  shareholders exempt from dividends tax;
- The Dividend Withholding Tax of 20 per cent (twenty per centum) will be
  applicable to this dividend;
- The net local dividend amount is 48.000 SA cents per ordinary share for
  shareholders liable to pay the dividends tax;
- Gold Fields currently has 821 532 707 ordinary shares in issue; and
- Gold Fields’ income tax number is 9160035607.

Shareholders are advised of the following dates in respect of
the final dividend:

Final dividend number 85: 60 SA cents per share
Last date to trade cum-dividend: Tuesday 7 March 2017
Sterling and US dollar conversion date: Wednesday 8 March 2017
Shares commence trading ex-dividend: Wednesday 8 March 2017
Record date: Friday 10 March 2017
Payment of dividend: Monday 13 March 2017

Share certificates may not be dematerialised or rematerialised
between Wednesday, 8 March 2017 and Friday, 10 March 2017, both
dates inclusive.




24 February 2014

Sponsor
JP Morgan Equities South Africa (Pty) Ltd

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