Directors: C M T Thompson* (Chairman), A J Wright (Deputy Chairman), I D Cockerill
(Chief Executive Officer),K Ansah
#
, G J Gerwel, N J Holland^
(Chief
Financial Officer), J M McMahon^
, G R Parker~
, R L Pennant-Rea
, P J Ryan, T M G Sexwale, B R van Rooyen, C I von Christierson
*Canadian,
^British,
~American,
#
Ghanaian.
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400 Dir +27 11 644-2460 Fax +27 11 484-0639 www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2460
Fax +27 11 484-0639
North America
Cheryl A Martin
Tel +303 796-8683
Fax +303 796-8293
M E D I A R E L E A S E
GOLD FIELDS APPLIES TO
HIGH COURT TO STOP HARMONY BID
Johannesburg, 27 October 2004. Shareholders of Gold Fields ("shareholders") are referred to the announcement published by Gold Fields in the press on 19 October 2004, regarding an offer for the entire issued share capital of Gold Fields by Harmony Gold Mining Company Limited ("Harmony"), a circular in respect of which may now have been received by shareholders.
Gold Fields has received legal advice to the effect that the offer does not comply with the
provisions of section 145 of the Companies Act, 1973, as amended, in that it is not accompanied by a registered prospectus and is, as such, unlawful and of no legal effect. Harmony is therefore in breach of a criminal provision of the South African Companies Act.
In order to obtain certainty for shareholders to enable them to determine how they should in their best interests deal with the offer from Harmony, Gold Fields has launched an application to the High Court of South Africa to declare the offer to be unlawful and to interdict its implementation.
Until such time as further information regarding the outcome of the applications becomes available, shareholders are advised to continue to exercise caution when dealing in securities of the company.
ends
In the United States, Gold Fields Limited ("Gold Fields") will file a Solicitation/Recommendation Statement with the US Securities and Exchange Commission (the "SEC") on Schedule 14D-9 and holders of Gold Fields' Ordinary Shares and American Depositary Shares are advised to read it when it becomes available as it will contain important information. Copies of the Schedule 14D-9 and other related documents filed by Gold Fields will be available free of charge on the SEC's website at http://www.sec.gov. Any documents filed by Harmony Gold Mining Company Limited, including the registration statement on Form F-4 (which includes a preliminary prospectus) dated October 21, 2004 and related exchange offer materials as well as its Tender Offer Statement on Schedule TO filed with the SEC on October 22, 2004, will also be available free of charge on the SEC's website.