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 Fax +27 11 484-0639 www.goldfields.co.za MEDIA RELEASE Gold Fields announces Mineral Resources of 179.3 million ouunces and Ore Reserves of 65.3 million ounces Johannesburg, 17 May 2006: Gold Fields Limited (Gold Fields) (NYSE: GFI; JSE: GFI) today published its Mineral Resource and Ore Reserve Statement for the six month period ended on 31 December 2005. This represents a change in the reporting cycle, from June 30 to December 31, in order to align with the Group's financial reporting schedule. Mineral Resources, inclusive of Ore Reserves, increased by 3% to 179,343 million ounces and Ore Reserves by 1% to 65,319 million ounces, both numbers net of depletion. Ian Cockerill, Chief Executive Officer of Gold Fields said: "We are pleased that we have again been able to replace the reserves that we have mined, and to increase our overall resource and reserve position, despite having to use a SEC mandated 3 year trailing average gold price, which is considerably below prevailing spot prices." "Conservatively estimated, if a spot price of R130,000 per kilogram was used for this declaration, the reserves at our South African operations would have been about 9.5 million ounces higher." Mineral Resources were calculated using a gold price of R105,000 per kilogram in South Africa; A$650 in Australia; and US$475 in Ghana and Peru. Ore Reserves were calculated using a gold price of R92,000 per kilogram in South Africa; A$560 in Australia; and US$400 in Ghana and Peru. The full Mineral Resource and Ore Reserve Declaration is available on the Gold Fields Website at www.goldfields.co.za. Gold Fields is one of the world's largest unhedged gold producers, with annual gold production of approximately 4.2 million ounces from mines in South Africa, Ghana, Australia and Australia, as well as a developing mine at Cerro Corona in Peru. The Company has reserves of 65 million ounces and mineral resources of 179 million ounces. Gold Fields has its primary listing on the Johannesburg Securities Exchange and secondary listings on the NYSE, LSE, Euronext in Paris and Brussels, and on the Swiss Exchange. All of Gold Fields' operations are ISO 14001 certified. -ends- Enquires South Africa Willie Jacobsz Tel +27 11 644-2460 Fax +27 11 484-0639 williej@goldfields.co.za Nerina Bodasing Tel +27 11 644-2630 Fax +27 11 484-0639 Nerina.bodasing@goldfields.co.za North America Cheryl A Martin Tel +1 303 796-8683 Fax +1 303 796-8293 camartin@gfexpl.com Directors: A J Wright (Chairman), I D Cockerill” (Chief Executive Officer),K Ansah#, G J Gerwel, A Grigorian°, N J Holland” (Chief Financial Officer), J M McMahon” , J G Hopwood, D M J Ncube, R L Pennant-Rea” , P J Ryan, T M G Sexwale, C I von Christierson ” British, #Ghanaian, °Russian Corporate Secretary: C Farrel END