Gold Fields Exercises Atacama Pacific Gold Corporation Warrants

JOHANNESBURG, SOUTH AFRICA--(Marketwire - June 28, 2012) - Gold Fields Limited (NYSE:GFI)(JSE:GFI)(NASDAQ:GFI) announced today that its wholly-owned group subsidiary, Gold Fields Metals B.V. ("Gold Fields Metals"), has acquired 615,697 common shares in Atacama Pacific Gold Corporation ("Atacama"). The purchase follows on the exercise of 615,697 common share purchase warrants previously issued to Gold Fields Metals at the time of the original share subscriptions in Atacama as per agreements concluded during March, 2010.

Gold Fields Metals now holds 5,561,295 common shares in Atacama, representing approximately 11.5% of Atacama's outstanding common shares, and Gold Fields Metals may increase or decrease its holdings at any time pursuant to market transactions or negotiated transactions.

This news release is being issued in terms of Part 3 of National Instrument 62-103 "The Early Warning System and Related Take-Over Bid and Insider Reporting Issues" of the Canadian Securities Administrators. A copy of the early warning report to be filed by Gold Fields Metals in connection with the transactions described herein will be available on Atacama's SEDAR profile at www.sedar.com.

FOR FURTHER INFORMATION, OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED BY GOLD FIELDS METALS UNDER APPLICABLE SECURITIES LEGISLATION, PLEASE SEE THE CONTACT INFORMATION BELOW.