Dealing in securities arising out of Rights Offer Sibanye Gold Limited Incorporated in the Republic of South Africa Registration number 2002/031431/06 Share code: SGL ISIN – ZAE000173951 Issuer code: SGL (“Sibanye Gold”, “Sibanye” and/or “the Group”) Dealing in securities arising out of Rights Offer Westonaria, 27 June 2017. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") the following information is provided regarding off market acceptance by certain directors and the company secretary of the Group of supplementary awards of Conditional Shares that maintain the equivalent value for unvested awards of Conditional Shares pursuant to the 2013 Sibanye Share Plan Rules and the successful completion of the Company’s Rights Offer announced on 12 June 2017: Name : Neal Froneman Position : Director and Chief Executive Officer Company : Sibanye Number of Conditional Share Supplementary Awards : 1 156 743 Strike price : Nil Date of acceptance of grant : 26 June 2017 Class of security : Ordinary shares Nature of transaction : Off market acceptance of supplementary awards for unvested Conditional Shares. The purpose of the supplementary awards is to maintain the equivalent value of the number of Conditional Shares originally awarded on 2 March 2015, 1 March 2016 and 1 March 2017 following the successful execution of the Rights Offer by the Company Extent of interest : Direct beneficial Name : Charl Keyter Position : Director and Chief Financial Officer Company : Sibanye Number of Conditional Share Supplementary Awards : 561 159 Strike price : Nil Date of acceptance of grant : 26 June 2017 Class of security : Ordinary shares Nature of transaction : Off market acceptance of supplementary awards for unvested Conditional Shares. The purpose of the supplementary awards is to maintain the equivalent value of the number of Conditional Shares originally awarded on 2 March 2015, 1 March 2016 and 1 March 2017 1 following the successful execution of the Rights Offer by the Company Extent of interest : Direct beneficial Name : Cain Farrel Position : Company Secretary Officer Company : Sibanye Number of Conditional Share Supplementary Awards : 147 229 Strike price : Nil Date of acceptance of grant : 23 June 2017 Class of security : Ordinary shares Nature of transaction : Off market acceptance of supplementary awards for unvested Conditional Shares. The purpose of the supplementary awards is to maintain the equivalent value of the number of Conditional Shares originally awarded on 2 March 2015, 1 March 2016 and 1 March 2017 following the successful execution of the Rights Offer by the Company Extent of interest : Direct beneficial 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: J.P. Morgan Equities South Africa Proprietary Ltd Forward-looking Statements This announcement includes “forward-looking statements” within the meaning of the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “target”, “will”, “forecast”, “expect”, “potential”, “intend”, “estimate”, “anticipate”, “can” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. In this announcement, for example, statements related to expected timings of the Rights Offer, are forward-looking statements. The forward-looking statements set out in this announcement involve a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict and generally beyond the control of Sibanye, that could cause Sibanye’s actual results and outcomes to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this presentation. Sibanye undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, save as required by applicable law. 2 Date: 27/06/2017 03:46:00 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.