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RNS Number:2195A
Gold Fields Limited
3 November 1999


            GOLD FIELDS CONSOLIDATES MINERAL RIGHTS AT
                   KLOOF AND IN THE FREE STATE

JOHANNESBURG - November 3, 1999 - Gold Fields Limited (JSE - GFI/Nasdaq -
GOLD) and JCI Gold Limited and its associated companies, today announced a
series of mineral and participation rights exchanges which would facilitate
the more optimal exploitation of the minerals in the affected areas.

In terms of the deal Western Areas and its associated companies will cede to
Gold Fields all rights and interests pertaining to the area to the east of the
Kloof mining authorisation and to the west of the Witpoortjie/West Rand fault
(Kloof East), as well as all rights and interests in the Doornrivier, adjacent
to Oryx in the Southern Free State.

Gold Fields will cede to Western Areas all rights and interests pertaining to
the area to the west of the Western Areas mining authorisation and east of the
Witpoortjie/West Rand fault, as well as all rights and interests in Zuurbekom.
 
Gold Fields will also pay Western Areas and its associated companies a royalty
of 2.5% of revenue derived from gold produced from Doornrivier and Kloof East
if the quarterly average spot gold price trades below US$400 per troy ounce
and 2% if it trades above US$400 per troy ounce.

Chris Thompson, chairman and chief executive officer of Gold Fields, said that
the exchanges would tidy up the mineral rights holdings at Kloof and in the
Southern Free State and could, in the longer term, enable both companies to
extract optimal value for shareholders from these properties.

"While the Kloof/Western Areas exchange may manifest in returns for Gold
Fields shareholders only further into the future, we are hopeful that a
strengthening gold price would enable us to bring Doornrivier to account as
part of the consolidation and optimisation of the Southern Free State gold
field," Thompson said.

Gold Fields Limited is one of the world's largest gold producers with four
million ounces of gold production per annum, 145 million ounces of mineral
resources and almost 73 million ounces of mineral reserves.   In addition to
being listed on the Johannesburg Stock Exchange (GFI) and on Nasdaq (GOLD),
the company is also listed on the London, Paris and Swiss Stock Exchanges and
trades on the Brussels Stock Exchange through an International Depository
Receipt programme.

Contact:  Keith Irons, Bankside Consultants       0171 220 7477

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