Finalisation announcement - 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”) FINALISATION ANNOUNCEMENT – AQUARIUS TRANSACTION Sibanye shareholders are referred to the announcement released on 17 March 2016, confirming that the final significant condition precedent to the acquisition of all of the shares in Aquarius Platinum Limited (“Aquarius”) (“the Transaction”) was fulfilled. In accordance with the Implementation Agreement signed in October 2015, Sibanye and Aquarius have now agreed that the Conditions Fulfilment Date will be set as Thursday, 24 March 2016. On the Conditions Fulfilment Date, the parties will confirm that all of the conditions required for the transaction to proceed have been satisfied and exchange executed copies of the Amalgamation Agreement, as well as other documentation required for the Transaction to become effective. The Effective Date of the transaction is now expected to be Tuesday, 12 April 2016, with payment occurring within 14 days thereof. 22 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: 22/03/2016 08:41:00 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.