Competition authorities approve acquisition of the Rustenburg Operations 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”) _________________________________________________________________________ COMPETITION AUTHORITIES APPROVE ACQUISITION OF THE RUSTENBURG OPERATIONS Sibanye shareholders are referred to the announcement released on 18 January 2016 confirming that shareholders had approved the acquisition of the Bathopele, Siphumelele (incl. Khomanani), and Thembelani (incl. Khuseleka) mining operations, two concentrating plants, an onsite chrome recovery plant, the Western Limb Tailings Retreatment Plant, associated surface infrastructure and related assets and liabilities on a going concern basis including normalised levels of working capital (‘the Rustenburg Operations”) from Rustenburg Platinum Mines Limited (“the Transaction”). Sibanye is pleased to announce that on 16 March 2016 the Transaction was approved by the Competition Authorities in accordance with the Competition Act. The approval is subject to certain conditions and qualifications which Sibanye and Rustenburg Platinum Mines Limited have confirmed are acceptable. Shareholders are advised that the implementation of the Transaction is still subject to, amongst others, the fulfilment of the following key condition precedent: - The granting of consent in terms of section 11 of the MPRDA for the sale of the Mining Right and the Prospecting Right to the Purchaser pursuant to the Transaction. Sibanye shareholders will be advised in due course once the all outstanding conditions precedent to the Transaction 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 Proprietary Limited Date: 17/03/2016 08:01:00 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.