Dealings in securities Sibanye Gold Limited Trading as Sibanye-Stillwater Incorporated in the Republic of South Africa Registration number 2002/031431/06 Share code: SGL ISIN – ZAE000173951 Issuer code: SGL (“Sibanye-Stillwater” or “the Group” or “the Company”) Directors’ dealings arising from the capitalisation issue Westonaria, 06 October 2017. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that the following Non-Executive Directors, Executive Directors and Company Secretary of Sibanye-Stillwater were awarded two new shares for every 100 held as per the capitalisation issue announced on 30 August 2017. The transaction date for all of the dealings set out below was 3 October 2017 being the last day to trade to qualify for the capitalisation issue. Details of the transactions are set out below: Name BE Davison Position Non-Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 1 477 857 Number of capitalisation shares 29 557 awarded Class of Security Ordinary shares Value of transaction 1 507 414 Name TJ Cumming Position Non-Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 100 Number of capitalisation shares 2 awarded Class of Security Ordinary shares Total number of shares 102 1 Name NJ Froneman Position Chief Executive Officer and Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 3 225 855 Number of capitalisation shares 64 517 awarded Class of Security Ordinary shares Total number of shares 3 290 372 Name C Keyter Position Chief Financial Officer and Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 1 165 943 Number of capitalisation shares 23 318 awarded Class of Security Ordinary shares Total number of shares 1 189 261 Name RP Menell Position Non-Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 102 400 Number of capitalisation shares 2 048 awarded Class of Security Ordinary shares Total number of shares 104 448 Name MS Moloko Position Non-Executive Director 2 Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 105 143 Number of capitalisation shares 2 102 awarded Class of Security Ordinary shares Total number of shares 107 245 Name KA Rayner Position Non-Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 65 039 Number of capitalisation shares 1 300 awarded Class of Security Ordinary shares Total number of shares 66 339 Name SC van der Merwe Position Non-Executive Director Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 969 Number of capitalisation shares 19 awarded Class of Security Ordinary shares Total number of shares 988 Name C Farrel Position Company Secretary Company Sibanye Gold Limited trading as Sibanye- Stillwater Extent of interest Indirect Beneficial Nature of transaction Issue of capitalisation shares Current number of shares held 533 580 3 Number of capitalisation shares 10 671 awarded Class of Security Ordinary shares Total number of shares 544 251 In terms of paragraph 3.66 of the Listings requirements the necessary clearance to deal in the above securities has been obtained. Contact: James Wellsted Head of Investor Relations +27 (0) 83 453 4014 Email: ir@sibanyestillwater.com Sponsor: J.P. Morgan Equities South Africa (Proprietary) Limited 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- Stillwater, that could cause Sibanye-Stillwater’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-Stillwater 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. 4 Date: 06/10/2017 08:25:00 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.