Sibanye gold amends the terms of its debt Sibanye Gold Limited Incorporated in the Republic of South Africa Registration number 2002/031431/06 Share code: SGL ISIN – ZAE000173951 Issuer code: SGL (“Sibanye Gold” or “the Company”) SIBANYE GOLD AMENDS THE TERMS OF ITS DEBT Westonaria, 11 July 2013: Sibanye Gold Limited (JSE: SGL & NYSE: SBGL) today announced that it had amended the terms and constraints of its Bridge Loan with its lenders. The previous Bridge Loan Facilities Agreement, concluded in November 2012, constrained Sibanye Gold from paying an interim dividend in the financial year ending December 2013 and limited a final dividend to 25% of normalised earnings, provided Sibanye Gold‘s gross debt was not more than R4.0 billion after paying a dividend. In terms of the new amendments made to the Bridge Loan Facilities Agreement, the Sibanye Gold Board of Directors may now consider an interim dividend and a larger final dividend in respect of the financial year ending 31 December 2013, subject to the restrictions detailed below: - an interim dividend of up to 25% of normalised earnings in respect of its financial half year ended on 30 June 2013, provided that Sibanye Gold’s net debt does not exceed R4.0 billion after such dividend payment and the wage negotiations with organised labour have been concluded; and - a final dividend of up to 35% of normalised earnings (less any interim dividend paid) for the financial year ending on 31 December 2013, provided that Sibanye Gold’s gross debt does not exceed R3.5 billion after the dividend payment. Alternatively a limited final dividend of 25% of normalised earnings (less any interim dividend paid), may be declared, provided that gross debt does not exceed R4.0 billion after the dividend payment. The Bridge Loan structure will still reduce to R5.0 billion on the earliest of; the date on which Sibanye Gold’s board of directors declare a final dividend in respect of the financial year ending 31 December 2013, or on 18 February 2014, but the structure of the Facility has now been amended to a R3.0 billion revolving credit facility and a R3.0 billion term loan facility as opposed to the R2.0 billion revolving credit facility and a R4.0 billion term loan facility before the amendment. Sibanye Gold is currently engaging with its lenders to extend the term of its debt and will update the market as soon as agreement has been reached. Neal Froneman, CEO of Sibanye Gold, said: “we are pleased that our lenders have agreed to relax the constraint on paying an interim dividend and amended the terms of the Bridging Facilities. The revised terms recognise the cash generative ability of our assets, even at lower prevailing gold prices and will provide greater balance sheet flexibility and the ability to pay dividends to shareholders earlier”. Contact James Wellsted Head of Corporate Affairs Sibanye Gold Limited +27 83 453 4014 james.wellsted@sibanyegold.co.za Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd Date: 11/07/2013 03:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.