Dealing 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, 8 March 2017. 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 and Mr C Farrel, Company Secretary of Sibanye Gold Limited, has bought and/or sold Performance Shares which were granted to them on 3 March 2014 (“the Grant Date). Messrs Keyter and Farrel sold their Performance Shares in order to settle their 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. 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 6 March 2017 Number of Shares 130 924 Class of Security Ordinary shares Market Price per share: Low – R25.2000 High – R25.7600 VWAP - R25.3945 Total Value R3 324 749.52 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Nature of transaction On market purchase of Performance Shares Transaction Date 6 March 2017 Number of Shares 180 796 Class of Security Ordinary shares Market Price per share: Low – R25.1304 High – R25.1304 VWAP - R25.1304 Total Value R4 543 475.80 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Name C Farrel Position Company Secretary Nature of interest Direct and Beneficial Nature of transaction On market sale of Performance Shares to cover associated tax liability. Transaction Date 6 March 2017 Number of Shares 54 200 Class of Security Ordinary shares Market Price per share: Low – R25.1700 High – R25.1700 VWAP - R25.1700 Total Value R 1 364 214.00 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Nature of transaction On market purchase of Performance Shares Transaction Date 6 March 2017 Number of Shares 63 538 Class of Security Ordinary shares Market Price per share: Low – R25.1304 High – R25.1304 VWAP - R25.1304 Total Value R 1 596 735.35 Vesting Period The Performance Shares vest on the third anniversary 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: 08/03/2017 01:05:00 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.