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GLD: Completes US$170m Refinancing

Document date:  Fri 21 Dec 2001
Published:  Fri 21 Dec 2001 00:00:00
Document No:  252465
Document part:  A
Market Flag:  N

GOLDFIELDS LIMITED.                           2001-12-21  ASX-SIGNAL-G

HOMEX - Sydney                                                        

Goldfields Limited advises that it has arranged a US$170 million four
year Revolving Credit Facility. The facility will be used in part to
refinance the existing debt of Goldfields Limited and Delta Gold

The Revolving Credit Facility, which consists of twelve linked
bilateral facilities, was self-arranged by Goldfields. The bilateral
facilities are being provided by:

Australia and New Zealand Banking Group Limited
Barclays Capital
Credit Suisse First Boston
J B Morgan
Commonwealth Bank of Australia
N M Rothschild & Sons (Australia) Limited
ABN AMRO Australia Limited
Deutsche Australia Limited
Macquarie Bank Limited
SG Australia Limited
Westpac Banking Corporation

To enable repayment of the Delta Gold debt facilities and to provide
capacity for future growth opportunities, the amount of the facility
is US$68 million higher than the US$102 million facility it replaces.

Commenting on the new facility, Terry Burgess said: "The Company's
Board and management are very pleased with the outcome. The
refinancing was completed within a short period and was
over-subscribed requiring a scale back of the offers received."

The facility documentation was executed at 3.00pm yesterday.

For further information please contact

Robert Dougall 
Telephone: (02) 8223 2421