SIBANYE GOLD LIMITED - Dealings in securities

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, 14 December 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 C Keyter, Chief
Financial Officer of Sibanye Gold Limited, has bought and/ or
sold Performance Shares which were granted to him on 1 May 2013
(“the Grant Date). Mr C Keyter has bought and/ or sold Bonus
Shares which were awarded to him in terms of The Sibanye Gold
Limited 2013 Share Plan on 2 March 2015 and 1 March 2016 to settle
the associated tax liability.

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
ranges from 0% to 200% of the conditional award. The determined
number of Performance Vesting Restricted Shares are 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 transactions are set out below:
Name                           C Keyter
Position                       Chief Financial Officer
Company                        Sibanye Gold Limited
Nature of interest             Direct and Beneficial
Nature of transaction          On market sale of Performance Shares
                               to cover associated tax liability.
Transaction Date               12 December 2016
Number of Shares               309 100
Class of Security              Ordinary shares
Market Price per share:
Low –                          R23.80
High –                         R24.00
VWAP -                         R23.9289
Total Value                    R7 396 422.99
Vesting Period                 The Performance Shares vest on the
                               third anniversary of the Grant Date.

Nature of transaction          On market sale of Bonus Shares to
                               cover associated tax liability
Transaction Date               12 December 2016
Number of Shares               10 900
Class of Security              Ordinary shares
Market Price per share         R24.00
Total Value                 R261 600.00
Vesting Period              Vest in equal parts on 9 months and
                            18 months of the Grant Date.
Nature of transaction       On market sale of Bonus Shares to
                            cover associated tax liability.
Transaction Date            12 December 2016
Number of Shares            7200
Class of Security           Ordinary shares
Market Price per share      R24.00
Total Value                 R172 800
Vesting Period              Vest in equal parts on 9 months and
                            18 months of the Grant Date.

Nature of transaction       On market purchase of Performance
                            Shares
Transaction Date            12 December 2016
Number of Shares            426 880
Class of Security           Ordinary shares
Market Price per share      R24.5278
Total Value                 R10 470 427.26
Vesting Period              The Performance Shares vest on the
                            third anniversary of the Grant Date.

Nature of transaction       On market purchase of Bonus Shares
Transaction Date            12 December 2016
Number of Shares            9911
Class of Security           Ordinary shares
Market Price per share      R24.5278

Total Value                 R243 095.03
Vesting Period              Vest in equal parts on 9 months and
                            18 months of the Grant Date.

Nature of transaction       On market purchase of Bonus Shares
Transaction Date            12 December 2016
Number of Shares            15023
Class of Security           Ordinary shares
Market Price per share      R24.5278
Total Value                 R368 481.14
Vesting Period              Vest in equal parts on 9 months and
                            18 months of the Grant Date.

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: 14/12/2016 03:41:00 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.