SIBANYE GOLD LIMITED - Trading statement for the six months ended 30 June 2017

Trading statement for the six months ended 30 June 2017

Sibanye Gold Limited
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye” or “the Group” or “the Company”)




Trading statement for the six months ended 30 June 2017

Westonaria, 29 August 2017: Further to the trading statement released on
17 August 2017, shareholders are advised that Sibanye (JSE Ticker: SGL,
NYSE Ticker: SBGL) expects to report an attributable loss of
R4,804 million for the six months ended 30 June 2017. Profit
attributable to shareholders for the six months ended 30 June 2016 was
R333 million.

An expected loss of 324 cents per share and headline loss of 147 cents
per share for the six months ended 30 June 2017 compares with earnings
per share (EPS) and headline earnings per share (HEPS) for the six
months ended 30 June 2016 of 24 cents and 79 cents, respectively. This
represents a 1450% decrease in EPS and a 286% decrease in HEPS.

A normalised loss of R1,002 million is expected for the six months ended
30 June 2017, compared with normalised earnings of R2,152 million for
the six months ended 30 June 2016.

The financial information on which the trading statement has been based,
has not been reviewed or reported on by the Company’s auditors.

Sibanye will be releasing its operating and financial results for the
six months ended 30 June 2017 on SENS at 08:00 (CAT) on Wednesday,
30 August 2017. The 10:00 (CAT) results presentation will be preceded by
an event at the JSE (starting at 08:00 for 08:30 (CAT)), to mark the
incorporation of the Stillwater Operations into the Sibanye Group. For
more information, please refer to www.sibanyegold.co.za.


Contact:

James Wellsted
Head of Investor Relations
Sibanye Gold Limited
+27 (0) 83 453 4014
ir@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. 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 announcement. 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 announcement or to reflect the occurrence of
unanticipated events, save as required by applicable law.

Date: 29/08/2017 01:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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