Analysts Site Visit Tarkwa Team May 2015 Forward looking - PowerPoint PPT Presentation

Analysts Site Visit Tarkwa Team May 2015

Forward looking statements Certain statements in this document constitute “ forward looking statements ” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. In particular, the forward looking statements in this document include among others those relating to the Damang Exploration Target Statement; the Far Southeast Exploration Target Statement; commodity prices; demand for gold and other metals and minerals; interest rate expectations; exploration and production costs; levels of expected production; Gold Fields ’ growth pipeline; levels and expected benefits of current and planned capital expenditures; future reserve, resource and other mineralisation levels; and the extent of cost efficiencies and savings to be achieved. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important factors include among others: economic, business and political conditions in South Africa, Ghana, Australia, Peru and elsewhere; the ability to achieve anticipated efficiencies and other cost savings in connection with past and future acquisitions, exploration and development activities; decreases in the market price of gold and/or copper; hazards associated with underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in government regulations, particularly taxation and environmental regulations; and new legislation affecting mining and mineral rights; changes in exchange rates; currency devaluations; the availability and cost of raw and finished materials; the cost of energy and water; inflation and other macro-economic factors, industrial action, temporary stoppages of mines for safety and unplanned maintenance reasons; and the impact of the AIDS and other occupational health risks experienced by Gold Fields ’ employees. These forward looking statements speak only as of the date of this document. Gold Fields undertakes no obligation to update publicly or release any revisions to these forward looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events. 2 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015

Tarkwa Gold Mine Site Layout ● Site Layout Akontansi Pit HME Workshops CIL Plant This is where you are …. Tarkwa Gold Mine 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 3

Tarkwa Gold Mine Safety Statistics Rolling 12 Month Injury Rates_2008 - Current LDIFR MTIFR RWIFR TRIFR 2.0 1.8 1.6 1.4 1.2 Rate 1.0 0.8 0.6 0.4 0.2 0.0 2008 A J O 2009 A J O 2010 A J O 2011 A J O 2012 A J O 2013 A J O 2014 A J O 2015 Fatality Free Man-hours – 62,202,902 Fatality Free Shifts – 5,055,585 LTI Free Shifts – 299,622 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 4

Tarkwa Gold Mine Why We Are Excited About Tarkwa… ● Magnificent ore body and infrastructure ̵ 9.6Moz resources @ 1.15g/t as at December 2014 ̵ 7.5Moz reserves @ 1.05g/t as at December 2014 (Ex pit reserves is 6.6Moz @ 1.30g/t ) ̵ Open cast mining with easy accessible ore - strip ratio of 5.7 ̵ Free leaching conglomerate ore, low cyanide consumption yielding 97% recovery ̵ High volume driven mine with industry benchmark mining cost of US$2.45/t , mined by Gold Fields owner fleet and maintenance ̵ State-of-the-art 13.5Mtpa CIL plant operated at US$11/t ̵ 17 year life of mine at an AISC of US$988/oz ● Professional and Motivated people ̵ Employer of choice in Ghana, employing 2,400 highly motivated workforce ̵ High performance and zero tolerance safety culture ● Experienced miner in Ghana, West Africa ̵ We have been operating in Ghana since 1993 ̵ Total gold produced since 1994 is 9.6Moz ● Huge exploration potential within the Tarkwa lease area A World Class Mine By Any Measure! 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 5

Tarkwa Gold Mine Tarkwa and Damang Mine Locations GHANA • Damang Pits TARKWA N ADR Plant • North Pads • North Primary Crusher Tarkwa Tarkwa Pits • Tarkwaian Banket Tarkwa Outcrop • South Pads 12 Km • South Primary Crusher 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 6

Tarkwa Gold Mine A Brief History Date Activity • Gold Fields signed a management contract with the Government of Ghana to operate 1993 the mine • Initial Tarkwa Phase I development completed for an open pit operation, mining 1998 14.5Mtpa including 4.7Mtpa of heap leach feed ore • Tarkwa phase II expansion completed to increase mining rate to 20.7Mtpa. All 1999 underground operations and associated processing plant ceased production • GFG acquired the Northern area of Teberebie from Ghanaian Australian Goldfields 2000 Limited and re-commissioned the open pit and heap leach operations. Tarkwa Phase III increased mining rate to 36 Mtpa and heap leach ore production to 12.6 Mtpa • Tarkwa implemented owner mining in July 2004 and commissioned CIL plant with 2004 “name plate” capacity of 4.2Mtpa in October 2004 • Conversion to owner maintenance was completed, with the inherent cost savings and 2010 productivity gains materialising within a short period of time • 2013 North and South Heap Leach operations stopped • 2014 CIL Plant upgrade to 13.5Mtpa 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 7

Tarkwa Gold Mine Leadership Team (1 of 2) ● Management Team (1 of 2) Michiel van Der Merwe – General Manager George Nutor – Metallurgy Manager B.Eng. (Extractive Metallurgy) MSc. Mineral Eng. (Extractive Metallurgy) 19 years experience 20 years experience Elliot Twum – Engineering Manager Steve Osei-Bempah – Manager Mining BSc. Mining Eng. BSc. Electrical/Electronic Engineering 23 years experience 14 years experience Florence Ansere-Bioh – Comm. Affairs Manager Awie Landsberg – Engineering Manager (HME) National Higher Diploma – Mech. Eng. MPhil Sociology 22 years experience 21 years experience Abubakari Mohammed – HR Manager Godfred Avane – Mineral Resources Manager MPA, BA Hons Economics, ACCA Level 1 MSc. Geological Engineering 19 years experience 19 years experience 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 8

Tarkwa Gold Mine Leadership Team (2 of 2) Augustine Asubonteng – Finance Manager Dave Pienaar – Safety Manager NASDAM (M+3) BSc. Natural Resources, ACCA 12 years experience 25 years experience Jeff Addy – ICT Operations Manager Kwame Ako – Business Improvement Manager BSc. Computer Science BSc. Civil Eng., Pg. Cert (Ops), MBA 15 years experience 9 years experience Richard Attifu – Supply Chain Manager Major Eric Amuzu (Rtd) – Protection Services Manager Dip. Logistics & Transport, MSc. Procurement, Logistics & Supply Chain Management Dip. Military Studies/Dip. Industrial Security 31 years experience 35 years experience Dr Ishmael Sackey – Health Services Manager Ben Addo – Manager Environmental BSc. (Medical Science) MB ChB BSc. (Chemistry) MSc. Environmental Management Advanced Diploma in Occupational Health 20 years experience 14 years experience 9 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015

Tarkwa Gold Mine Replacement of Reserves 16 14 12 10 10 Moz 8 8 6 4 2 0.55 0.55 0.72 0.72 0.66 0.63 0.66 0.74 0.72 0.72 0.63 0.56 - 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Reserves Gold produced Cumulative Production Cumulative Contained Au 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 10

Tarkwa Gold Mine Geology The existing surface operation currently exploits narrow auriferous conglomerates KOTTRAVERCHY ABOSSO AKONTANS I APINTO 0 8 PEPE Internal Waste KILOMETERS AVS MANTRAIM N Capital Waste HUNI SANDSTONE TARKWA PHYLLITE BANKET GROUP A CDE F2 G Reef Zones BIRIMIAN BASEMENT 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 11

Tarkwa Gold Mine Stratigraphy: Well established reef identification & zoning system Afc - Well sorted with rounded clasts of quartzite & visible gold . ~3m thick A1 - Poorly sorted conglomerate & thin quartzite. 2m-7m thick A3 - Visible gold is rare. Moderately sorted thin discontinuous conglomerate. Up to 7m thick B - Very coarse quartzites with thin lags of pebble conglomerate. Up to 3m thick CDE - Can be subdivided into the lower C reef and upper E reef both of which are conglomeratic. Up to 8m thick F2 - A variably developed polymictic gravel up to 2m . Essentially a marker horizon G - Poorly sorted conglomerate with clasts of quartzite and phyllite. Varies from 2m to 6m 2015 Analyst Site Visit - Tarkwa Gold Mine | Tarkwa Team | May 2015 12