Dealing 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”) DEALING IN SECURITIES Johannesburg, 19 December 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 NJ Froneman, Chief Executive Officer of Sibanye Gold Limited has retained his Bonus Shares which were granted on 1 March 2017 (“the Grant Date”) in terms of The Sibanye Gold Limited 2013 Share Plan. Mr C Keyter, Chief Financial Officer and Mr C Farrel, Company Secretary have retained and/ or sold Bonus Shares which were granted to them on 1 March 2017. Messrs C Keyter and C Farrel have sold Bonus Shares which were awarded to them in order to settle the associated tax liability. Bonus Shares are linked to the annual bonus whereby the equivalent of two-thirds of the cash bonus is granted in Bonus Shares. Details of the transactions are set out below: Name NJ Froneman Position Chief Executive Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction Retention of bonus shares Transaction Date 15 December 2017 Number of Shares 50 701 Class of Security Ordinary shares Market Price per share: Low – R15.0750 High – R15.0750 VWAP - R15.0750 Total Value R 764 317.58 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name NJ Froneman Position Chief Executive Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction Retention of capitalisation bonus shares in respect of previously awarded bonus shares Transaction Date 15 December 2017 Number of Shares 1 014 Class of Security Ordinary shares Market Price per share: Low – R15.0750 High – R15.0750 VWAP - R15.0750 Total Value R 15286.05 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of transaction Retention of bonus shares Transaction Date 18 December 2017 Number of Shares 13740 Class of Security Ordinary shares Market Price per share: Low – R15.0750 High – R15.0750 VWAP - R15.0750 Total Value R207 130.50 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction Retention of capitalisation bonus shares in respect of previously awarded bonus shares Transaction Date 18 December 2017 Number of Shares 273 Class of Security Ordinary shares Market Price per share: Low – R15.0750 High – R15.0750 VWAP - R15.0750 Total Value R4115.48 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Keyter Nature of transaction On market sale of bonus shares to cover associated tax liability. Transaction Date 18 December 2017 Number of Shares 11614 Class of Security Ordinary shares Market Price per share: Low – R15.50 High – R15.50 VWAP - R15.50 Total Value R180 017.00 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Keyter Nature of transaction On market sale of capitalisation bonus shares to cover associated tax liability. Transaction Date 18 December 2017 Number of Shares 234 Class of Security Ordinary shares Market Price per share: Low – R15.50 High – R15.50 VWAP - R15.50 Total Value R3 627.00 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Farrel Position Company Secretary Company Sibanye Gold Limited Nature of transaction Retention of bonus shares Transaction Date 14 December 2017 Number of Shares 3094 Class of Security Ordinary shares Market Price per share: Low – R14.9847 High – R14.9847 VWAP - R14.9847 Total Value R46 362.66 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Farrel Position Company Secretary Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction Retention of capitalisation bonus shares in respect of previously awarded bonus shares Transaction Date 14 December 2017 Number of Shares 62 Class of Security Ordinary shares Market Price per share: Low – R14.9847 High – R14.9847 VWAP - R14.9847 Total Value R929.05 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Farrel Nature of transaction On market sale of bonus shares to cover associated tax liability. Transaction Date 14 December 2017 Number of Shares 2630 Class of Security Ordinary shares Market Price per share: Low – R14.9700 High – R15.010 VWAP - R14.9847 Total Value R 39 409.76 Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date. Name C Farrel Nature of transaction On market sale of capitalisation bonus shares to cover associated tax liability. Transaction Date 14 December 2017 Number of Shares 52 Class of Security Ordinary shares Market Price per share: Low – R14.9700 High – R15.010 VWAP - R14.9847 Total Value R779.20 Vesting Period Vest in equal parts on 9 months and 18 months 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. 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. Date: 19/12/2017 03:41:00 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.