Gold Fields Ghana Acquisition Approved by Shareholders

Gold Fields Limited GFI announces that its shareholders have overwhelmingly approved the US$667 million acquisition of IAMGOLD Corporation's IAG 18.9% stake in the Tarkwa and Damang gold mines in Ghana. Of the 603 million shares (84% of total shares in issues) that were voted at a general meeting 93% were cast in favour of the transaction. The transaction is expected to be completed by the end of this week and on completion Gold Fields will increase its interest in each of the Tarkwa and Damang gold mines from 71.1% to 90%, with the remaining 10% interest being held by the Government of Ghana.