SIBANYE GOLD LIMITED - Sibanye-Stillwater / Lonmin - Sibanye-Stillwater files with competition commission

Sibanye-Stillwater / Lonmin - Sibanye-Stillwater files with competition commission

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”)

Lonmin Plc
Incorporated in England and Wales
Registered in the Republic of South Africa
Registration number 1969/000015/10
JSE code: LON
Issuer Code: LOLMI & ISIN: GB00BYSRJ698
("Lonmin")


Sibanye-Stillwater files with competition commission

Johannesburg, 16 March 2018. Sibanye-Stillwater (Tickers JSE: SGL and NYSE:
SBGL) and Lonmin Plc (“Lonmin”) advise that Sibanye-Stillwater has filed a
submission with the South African competition authorities, with regard to the
proposed acquisition of Lonmin which was announced on 14 December 2017 (the
“Proposed Transaction”). As is required by the South African Competition Act
No. 89 of 1998, the required stakeholders have also been duly notified.
Sibanye-Stillwater and Lonmin remain fully committed to the Proposed
Transaction which they continue to expect to close in the second half of this
year.
Neal Froneman, CEO of Sibanye-Stillwater, and Ben Magara, CEO of Lonmin,
commenting on the filing, said: “We are delighted to have filed the submission
with the South African competition authorities. The Proposed Transaction
remains in the best interest of stakeholders and will create a leading mine-
to-market producer of PGMs in South Africa.”

Sibanye Stillwater contact:
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Email: ir@sibanyestillwater.com
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Lonmin Plc contact:
Tanya Chikanza
(Executive Vice President: Corporate
Strategy, Investor Relations and Corporate Communications)
Tel: +27 (0) 83 391 2859/+44 20 3908 1073
Email: ir@lonmin.com
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Ends.



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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.


Additional Information

The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law. Persons who are not resident in the
United Kingdom or who are subject to the laws of other jurisdictions should
inform themselves of, and observe, any applicable requirements. Any failure
to comply with applicable requirements may constitute a violation of the
securities law of any such jurisdiction.

This announcement is not intended to, and does not, constitute or form part
of any offer, invitation or the solicitation of an offer to purchase,
otherwise acquire, subscribe for, sell or otherwise dispose of, any securities
whether pursuant to this announcement or otherwise.

Notes to editors

Lonmin, which is listed on both the London Stock Exchange and the Johannesburg
Stock Exchange, is one of the world's largest primary producers of PGMs.
These metals are essential for many industrial applications, especially
catalytic converters for internal combustion engine emissions, as well as
their widespread use in jewellery.

Lonmin’s operations are situated in the Bushveld Igneous Complex in South
Africa, where more than 70% of known global PGM resources are located.

The Company creates value through mining, refining and marketing PGMs and has
a vertically integrated operational structure - from mine to market.
Underpinning the operations is the Shared Services function which provides
high quality levels of support and infrastructure across the operations.

For further information please visit our website: http://www.lonmin.com

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