Refinancing of Sibanye Gold’s bridging loan facilities and further debt redemption 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”) REFINANCING OF SIBANYE GOLD’S BRIDGING LOAN FACILITIES AND FURTHER DEBT REDEMPTION Westonaria, 13 December 2013: Sibanye Gold Limited (JSE: SGL & NYSE: SBGL) is pleased to advise shareholders that it has refinanced its existing Bridge Loan Facility with a syndicate of seven banks(the “New Facility”). The terms and conditions of the New Facility, which was 1.33 times oversubscribed, are more favourable and less restrictive than the previous Bridge Loan Facility. The new R4.5 billion facility comprises a R2.5 billion revolving credit facility (“RCF”) and a R2.0 billion term loan facility (“Term Loan”) both of which mature in three years. The term loan will amortise semi-annually in equal six-monthly instalments of R250 million, with the R750 million balance due for settlement on final maturity. The New Facility will be used to redeem the Bridge Loan Facility and may be applied to ongoing capital expenditure, working capital and general corporate expenditure requirements, where required. Interest rates on the new Term Loan and RCF are 275 basis points and 285 basis points respectively, over the Johannesburg Interbank Agreed Rate (JIBAR). Other restrictions, such as those on dividend payments, which applied under the Bridge Loan Facility Agreement have been removed and Sibanye Gold will maintain its policy of returning 25% to 35% of normalised earnings to shareholders as dividends. Sibanye Gold is also pleased to report that it has repaid another R500 million of debt, thereby reducing its gross debt to R2 billion and net debt to approximately R300 million. The Company’s gross debt position has reduced by R2.2 billion since the beginning of the 2013 financial year. ENDS Contact James Wellsted Head of Corporate Affairs Sibanye Gold Limited +27 83 453 4014 james.wellsted@sibanyegold.co.za Sponsor Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd Date: 13/12/2013 02:15:00 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.