SIBANYE GOLD LIMITED - Sibanye-Stillwater signs three year agreement at its Kroondal operations

Sibanye-Stillwater signs three year agreement at its Kroondal operations

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”)


Sibanye-Stillwater signs three year agreement at its Kroondal operations

Johannesburg, 9 November 2017: Sibanye-Stillwater (JSE: SGL & NYSE: SBGL)
advises that it has signed a three year wage agreement with all three unions
at its Kroondal PGM operations in South Africa.

The agreement is effective from 1 July 2017 and includes a R1,000 per month
increase year on year for the next 3 years for the category B employees
(lower category employees) with CPI related increases for the next 3 years
for category A employees. Medical aid subsidies will also increase from
R300 by R50 per month year on year for three years for category A and B
employees. The increase represents an average escalation of about 7% in the
wage bill for the Kroondal operations.

Neal Froneman, CEO of the Group, said; “It was pleasing to note the
acceptance of the wage agreement by all the unions namely the Association
of Mineworkers and Construction Union (AMCU), the National Union of
Mineworkers (NUM) and Solidarity. These unions have acted in the interest
of their members to protect jobs and at the same time considered the
sustainable future of the Kroondal operations.”


Ends.

Investor relations 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, including the statements related to expected
production volumes. 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

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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.




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