SIBANYE GOLD LIMITED - Dealings in securities

Dealings in securities

Sibanye Gold Limited
(Reg. No. 2002/031431/06)
(Incorporated in the Republic of South Africa)
(“Sibanye Gold” or “the Company”)
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL

DEALING IN SECURITIES

Westonaria, 23 December 2016. In compliance with paragraphs 3.63
to 3.74 of the Listings Requirements of JSE Limited ("the
Listings Requirements") we hereby advise that Mr C Farrel,
Company Secretary of Sibanye Gold Limited, has bought and/ or
sold Performance Shares which were granted to him on 1 May 2013
(“the Grant Date). Mr Farrel has also bought and/ or sold Bonus
Shares which were awarded to him in terms of The Sibanye Gold
Limited 2013 Share Plan on 2 March 2015 and 1 March 2016 to settle
the associated tax liability.

Performance Shares are conditionally awarded with the final
number settled after three years dependent on market and non-
market conditions being met. The number of shares to be settled
ranges from 0% to 200% of the conditional award. The determined
number of Performance Vesting Restricted Shares are settled to
the participant in shares.

Bonus Shares are linked to the annual bonus whereby the
equivalent of two-thirds of the cash bonus is granted in Bonus
Shares.

Details of the transactions are set out below:

Name                           C Farrel
Position                       Company Secretary
Company                        Sibanye Gold Limited
Nature of interest             Direct and Beneficial
Nature of transaction          On market sale of Performance Shares
                               to cover associated tax liability.
Transaction Date               22 December 2016
Number of Shares               147 970
Class of Security              Ordinary shares
Market Price per share:
Low –                          R21.5600
High –                         R21.6300
VWAP -                         R21.5647
Total Value                    R3 190 928.66
Vesting Period                 The Performance Shares vest on the
                               third anniversary of the Grant Date.

Nature of transaction          On market sale of Bonus Shares to
                               cover associated tax liability
Transaction Date               22 December 2016
Number of Shares               4 530
Class of Security              Ordinary shares
Market Price per share:
Low –                     R21.5600
High –                    R21.6300
VWAP -                    R21.5647
Total Value               R97 688.09
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Nature of transaction     On market sale of Bonus Shares to
                          cover associated tax liability.
Transaction Date          22 December 2016
Number of Shares          2 630
Class of Security         Ordinary shares
Market Price per share:
Low –                     R21.5600
High –                    R21.6300
VWAP -                    R21.5647
Total Value               R56 715.16
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Nature of transaction     Purchase of Performance Shares
Transaction Date          22 December 2016
Number of Shares          163 554
Class of Security         Ordinary shares
Market Price per share:
Low –                     R24.5278
High –                    R24.5278
VWAP -                    R24.5278
Total Value               R4 011 619.80
Vesting Period            The Performance Shares vest on the
                          third anniversary of the Grant Date.

Nature of transaction     Purchase of Bonus Shares
Transaction Date          22 December 2016
Number of Shares          5 024
Class of Security         Ordinary shares
Market Price per share:
Low –                     R24.5278
High –                    R24.5278
VWAP -                    R24.5278
Total Value               R123 227.67
Vesting Period            Vest in equal parts on 9 months and
                          18 months of the Grant Date.

Nature of transaction     Purchase of Bonus Shares
Transaction Date          22 December 2016
Number of Shares          2 910
Class of Security         Ordinary shares
Market Price per share:
Low –                     R24.5278
High –                    R24.5278
VWAP -                    R24.5278
Total Value               R71 375.90
Vesting Period            Vest in equal parts on 9 months and
                            18 months of the Grant Date.
In terms of paragraph 3.66 of the Listings requirements the
necessary clearance to deal in the above securities has been
obtained.

ENDS
Contact
James Wellsted
SVP Investor Relations
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za
Sponsor
Sponsor: J.P. Morgan Equities South Africa Proprietary Ltd

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