Joint Announcement                               

                              Gold Fields Limited                              

                                   AngloGold                                   

                       Gold Fields sells mining block to                       

                          AngloGold for R315 million                           

Johannesburg 18 September 2003: Gold Fields Limited and AngloGold Limited
announced jointly today that agreement had been reached on the sale of a
portion of the Driefontein mining area from Gold Fields to AngloGold for a cash
consideration of R315 million . The mining area is Block 1C11, located on the
western boundary of Driefontein, and can be accessed from the adjacent Tau Tona
mining operation of AngloGold. The sale which is subject to the suspensive
condition that, to the extent necessary, the transaction is approved by the
Competition Commission.

Speaking after the signing of the sale agreement at Gold Fields' offices in
Johannesburg today, Ian Cockerill, the chief executive officer of Gold Fields
said: "We believe that this is not only a good deal at fair value for both
companies, but a win-win situation for the local gold mining industry. It is
yet another breakthrough in the removal of farm fences and is an example of
working together to optimise the extraction of ore bodies."

"The deal makes a lot of sense. For Gold Fields, it brings value forward and we
shall use the cash from the deal to invest in our current operations for the
benefit of all Gold Fields' stakeholders," said Cockerill.

Bobby Godsell, chief executive officer of AngloGold said today: "This deal is
consistent with AngloGold's value-adding growth strategy, adding low-cost gold
production to an already high margin operation. We are also sure that this kind
of transaction will lead to a more profitable and sustainable South African
gold mining industry".

Block 1C11 covers an area of 280,000 square metres. There are 1.4 million tons
of reserves at a grade of 12.7 grams a ton. This should result in recoverable
gold of 576,000 ounces. Driefontein would only have been able to mine this area
in about 10 years time from Driefontein's No 1 Tertiary Shaft System. Tau Tona,
however, which is already mining adjacent to this block, will gain access to it
towards the end of 2004.

 (Suggest Mr Godsell's comments relate to the benefits to Tau Tona, AngloGold  
                         and the industry as a whole)                          

                                     ends                                      

Enquiries:

Gold Fields Limited

Willie Jacobsz

Tel: +2711 644-2460

Cell: 082 493-1377

williej@goldfields.co.za

Cheryl Martin

Tel: +303 796-8683

Cell: +303 601-1605

camartin@gfexpl.com

AngloGold Limited

Steven Lenahan

Tel: +2711 637 6248

Cell: 083 308 2200

slenahan@anglogold.com

Charles Carter

Tel: 091 212 750 7999

Cell: 091 914 498 0333

cecarter@anglogold.com



END