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, 9 March 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 NJ Froneman, Mr C Keyter and Mr C Farrel have accepted Performance and Bonus Shares granted on 1 March 2016 (“the Grant Date”), 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 100% of the conditional award. The determined number of Performance Vesting Restricted 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. Details of the transaction are set out below: Name NJ Froneman Position Chief Executive Officer Company Sibanye Gold Limited No of Performance Shares 587 890 granted No of Bonus Shares granted 66 882 Performance Share and Bonus Nil Share strike price Date of acceptance of grant 8 March 2016 Class of underlying security Ordinary shares to which rights attach Nature of transaction Off market acceptance 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 Keyter Position Chief Financial Officer Company Sibanye Gold Limited No of Performance Shares 267 135 granted No of Bonus Shares granted 34 223 Performance Share and Bonus Nil Share strike price Date of acceptance of grant 7 March 2016 Class of underlying security Ordinary shares to which rights attach Nature of transaction Off market acceptance 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 Limited No of Performance Shares 75 262 granted No of Bonus Shares granted 11 080 Performance Share and Bonus Nil Share strike price Date of acceptance of grant 7 March 2016 Class of underlying security Ordinary shares to which rights attach Nature of transaction Off market acceptance 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 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 Date: 09/03/2016 09:17:00 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.