SIBANYE GOLD LIMITED - Dealing in securities

Dealing in securities

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

Dealing in securities

In compliance with paragraphs 3.63 - 3.74 of the Listings
Requirements of JSE Limited, shareholders are advised that
Sibanye Gold has granted on 3 March 2014 (“the Grant Date”),
Performance Shares and Bonus Shares to the executive directors
and company secretary of Sibanye Gold in terms of the Sibanye
Gold 2013 Share Plan as set out below.

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
will range from 0% to 200% of the conditional award.        The
determined number of Performance Shares will be 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.

Name                              N J Froneman
Position                          Chief Executive Officer of
                                  Sibanye Gold
Company                           Sibanye Gold
No of Performance Shares          453 142
granted
No of Bonus Shares granted        216 658
Performance Share and Bonus       Nil
Share strike price
Date of acceptance of grant       31 March 2014
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market grant of Performance
                                  Shares
Vesting Period                    The Performance Shares vest on
                                  the third anniversary of the
                                  Grant Date and the Bonus Shares
                                  vest in equal parts on 9 months
                                  and 18 months of the Grant Date
Nature of interest                Direct and Beneficial
Name                              C Keyter
Position                          Chief Financial Officer of
                                  Sibanye Gold
Company                           Sibanye Gold
No of Performance Shares          155 860
granted
No of Bonus Shares granted        98 701
Performance Share and Bonus       Nil
Share strike price
Date of acceptance of grant       31 March 2014
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market grant of Performance
                                  Shares and Bonus Shares
Vesting Period                    The Performance Shares vest on
                                  the third anniversary of the
                                  Grant Date and the Bonus Shares
                                  vest in equal parts on 9 months
                                  and 18 months of the Grant Date
Nature of interest                Direct and Beneficial

Name                              C Farrel
Position                          Company Secretary
Company                           Sibanye Gold
No of Performance Shares          58 869
granted
No of Bonus Shares granted        37 008
Performance Share and Bonus       Nil
Share strike price
Date of acceptance of grant       31 March 2014
Class of underlying security to   Ordinary shares
which rights attach
Nature of transaction             Off market grant of Performance
                                  Shares and Bonus Shares
Vesting Period                    The Performance Shares vest on
                                  the third anniversary of the
                                  Grant Date and the Bonus Shares
                                  vest in equal parts on 9 months
                                  and 18 months of the Grant Date
Nature of interest                Direct and Beneficial

In accordance with section 3.66 of the Listings Requirements, the
necessary clearance was obtained to grant the abovementioned
Performance Shares and Bonus Shares.


31 March 2014
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd

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