/ 7 March 1999

GOLD FIELDS AIDS GHANA DIVISION

GOLD FIELDS Limited announced on Friday it has reached an agreement with the bankers of Gold Fields Ghana to reschedule the debt used to finance the Tarkwa Gold Mine. Accordingly, Gold Fields Ghana will receive a cash injection of $75-million on Friday. Gold Fields is providing $60-million, with the balance provided by Golden Knight Resources representing other minority shareholders. The cash is expected to liquidate all existing debt. The Tarkwa Mine, which is 70% owned and managed by Gold Fields, is on course to produce gold at a rate of 250000 ounces a year by December.