Gold Fields Limited (JSE:GFI) News - Voluntary trading statement and operational performance for FY 2021

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code:     ZAE000018123
(“Gold Fields” or the “Company”)

Voluntary trading statement and operational performance for FY 2021

Johannesburg, 9 February 2022: Gold Fields Limited (Gold Fields) (JSE,
NYSE: GFI) advises that headline earnings per share for the 12 months ended
31 December 2021 (FY 2021) are expected to range from US$0.88-0.94 per
share (US$0.05-0.11 per share higher), which is 6% to 13% higher than the
headline earnings of US$0.83 per share reported for the 12 months ended 31
December 2020 (FY 2020).

Basic earnings per share for FY 2021 are expected to range from US$0.82-
0.88 per share (US$0.00- 0.06 per share higher), which is 0% to 7% higher
than the basic earnings of US$0.82 per share reported for FY 2020.

Normalised earnings per share for FY 2021 are expected to range from
US$1.02-1.08 per share (US$0.02-0.08 per share higher), which is 2% to 8%
higher than the normalised earnings of US$1.00 per share reported for FY
2020.

Q4 2021 operational performance
For Q4 2021, attributable gold equivalent production is expected to be 631koz
(Q3 2021: 606koz), with All-in costs (AIC) for the quarter expected to be
US$1,369/oz (Q3 2021: US$1,263/oz). All-in sustaining costs (AISC) are
expected to be US$1,055/oz (Q3 2021: US$1,016/oz).

FY 2021 operational performance
Attributable gold equivalent production for 2021 is expected to be 2,340koz,
a 5% increase YoY (FY2020: 2,236koz), at the upper end of the guidance range
of 2,300-2,350koz.

AIC for 2021 is expected to be US$1,297/oz (US$1,236/oz at 2020 exchange
rates), higher than 2020 (US$1,079/oz) as a result of the increased project
capex at Salares Norte and below the lower end of the guidance range of
US$1,310/oz – US$1,350/oz. AISC for the year is expected to be US$1,063/oz
(US$1,006/oz at 2020 exchange rates) (FY2020: US$977/ oz), slightly higher
than the guidance range of between US$1,020/oz and US$1,060/oz.

The financial information on which this trading statement is based has not
been reviewed, and reported on, by the Company’s external auditors.

Gold Fields expects to release FY 2021 financial results on Thursday, 17
February 2022.


Investor Enquiries

Avishkar Nagaser
Tel    +27 11 562 9775
Mobile       +27 82 312 8692
Email Avishkar.Nagaser@goldfields.com

Thomas Mengel
Tel    +27 11 562 9849
Mobile       +27 72 493 5170
Email Thomas.Mengel@goldfields.com
Media Enquiries

Sven Lunsche
Tel    +27 11 562 9763
Mobile       +27 82 260 9279
Email Sven.Lunsche@goldfields.com


Notes to editors

About Gold Fields

Gold Fields Limited is a globally diversified gold producer with nine
operating mines and one project in Australia, Chile, Ghana (including our
Asanko Joint Venture), Peru and South Africa, with total attributable annual
gold-equivalent production of 2.24Moz. It has attributable gold-equivalent
Mineral Reserves of 52.1Moz and gold Mineral Resources of 116.0Moz. Gold
Fields has a primary listing on the Johannesburg Stock Exchange (JSE)
Limited, and an additional listing on the New York Stock Exchange (NYSE).


JSE Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

Date: 09-02-2022 11:52:00
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