South Africa Competition approval - Aquarius Transaction 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” or “the Company”) SOUTH AFRICAN COMPETITION APPROVAL – THE AQUARIUS TRANSACTION Sibanye shareholders are referred to the announcement on 19 January 2016 advising that Aquarius Platinum Limited’s (“Aquarius”) shareholders approved the Amalgamation and Amalgamation Agreement, whereby Sibanye will acquire all of the shares in Aquarius for a cash consideration of USD 0.195 per share (the “Aquarius Transaction”). Sibanye is pleased to report that a significant Condition Precedent, being the approval of the South African Competition Authorities for the Aquarius Transaction, subject to certain conditions and qualifications which are acceptable to both Sibanye and Aquarius, was received on 16 March 2016. Sibanye and Aquarius will now proceed to fulfill the final Conditions Precedent, in accordance with the Implementation Agreement. A further announcement, including the transaction timetable, will be issued once the final Conditions Precedent have been fulfilled. 17 March 2016 Libanon Contact James Wellsted SVP Investor Relations Sibanye Gold Limited +27 83 453 4014 james.wellsted@sibanyegold.co.za Sponsor J.P. Morgan Equities South Africa (Pty) Ltd Date: 17/03/2016 08:00:00 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.