Archived World Gold Council Document

NEWS RELEASE

Chris Thompson succeeds Bobby Godsell as Chairman of the World Gold Council

MELBOURNE, AUSTRALIA: Thursday, 18 April 2002 - The World Gold Council has announced at its Annual Meeting in Melbourne, Australia, that Mr C M T Thompson, Chairman of GoldFields Limited, has been elected Chairman of the WGC, with immediate effect.

Chris Thompson said: "Being that I will soon have more time available as a non-executive Chairman of GoldFields Limited, the Board of the World Gold Council has asked me if I could commit more time to the organisation at this exciting point in the development of the gold markets.

"I believe passionately in the industry and feel that it should concentrate on marketing as much as it concentrates on costs. The World Gold Council is the organisation that can deliver the marketing expertise the industry needs", he said.

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Contacts:

Willie Jacobz, GoldFields Limited +27 11 644 2460

Neville Wells, World Gold Council:
Mobile: +44 7785 903 401
UK (from Mon 22 April): +44 20 7766 2758