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, 23 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 Farrel, Company Secretary of Sibanye Gold Limited, has bought and/ or sold Performance Shares which were granted to him on 1 May 2013 (“the Grant Date). Mr Farrel has also 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 Farrel Position Company Secretary 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 22 December 2016 Number of Shares 147 970 Class of Security Ordinary shares Market Price per share: Low – R21.5600 High – R21.6300 VWAP - R21.5647 Total Value R3 190 928.66 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 22 December 2016 Number of Shares 4 530 Class of Security Ordinary shares Market Price per share: Low – R21.5600 High – R21.6300 VWAP - R21.5647 Total Value R97 688.09 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 22 December 2016 Number of Shares 2 630 Class of Security Ordinary shares Market Price per share: Low – R21.5600 High – R21.6300 VWAP - R21.5647 Total Value R56 715.16 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Nature of transaction Purchase of Performance Shares Transaction Date 22 December 2016 Number of Shares 163 554 Class of Security Ordinary shares Market Price per share: Low – R24.5278 High – R24.5278 VWAP - R24.5278 Total Value R4 011 619.80 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Nature of transaction Purchase of Bonus Shares Transaction Date 22 December 2016 Number of Shares 5 024 Class of Security Ordinary shares Market Price per share: Low – R24.5278 High – R24.5278 VWAP - R24.5278 Total Value R123 227.67 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Nature of transaction Purchase of Bonus Shares Transaction Date 22 December 2016 Number of Shares 2 910 Class of Security Ordinary shares Market Price per share: Low – R24.5278 High – R24.5278 VWAP - R24.5278 Total Value R71 375.90 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: 23/12/2016 10:56:00 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.