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 March 2018. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that Mr C Keyter, Chief Financial Officer of Sibanye Gold Limited has retained and/ or sold his Performance Shares which were granted on 2 March 2015 (“the Grant Date”) in terms of The Sibanye Gold Limited 2013 Share Plan. Mr C Keyter has sold Performance Shares which were awarded to him in order to settle the associated tax liability. Details of the transactions are set out below: Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction Retention of performance shares Transaction Date 15 March 2018 Number of Shares 111 507 Class of Security Ordinary shares Market Price per share: R11.6466 Total Value R1 298 677.43 Vesting Period The Performance Shares vest on the third anniversary 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 performance shares in respect of previously awarded performance shares Transaction Date 15 March 2018 Number of Shares 3 381 Class of Security Ordinary shares Market Price per share: R11.6466 Total Value R39 377.15 Vesting Period The Performance Shares vest on the third anniversary 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 supplementary performance shares in respect of previously awarded performance shares Transaction Date 15 March 2018 Number of Shares 57 719 Class of Security Ordinary shares Market Price per share: R11.6466 Total Value R672 230.11 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction On market sale of performance shares to cover associated tax liability. Transaction Date 15 March 2018 Number of Shares 93 573 Class of Security Ordinary shares Market Price per share: Low – R11.3500 High – R11.4100 VWAP - R11.3332 Total Value R1 060 481.52 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction On market sale of capitalisation performance shares to cover associated tax liability. Transaction Date 15 March 2018 Number of Shares 2 845 Class of Security Ordinary shares Market Price per share: Low – R11.3500 High – R11.4100 VWAP - R11.3332 Total Value R32 242.95 Vesting Period The Performance Shares vest on the third anniversary of the Grant Date. Name C Keyter Position Chief Financial Officer Company Sibanye Gold Limited Nature of interest Direct and Beneficial Nature of transaction On market sale of supplementary performance shares in respect of previously awarded performance shares Transaction Date 15 March 2018 Number of Shares 48 451 Class of Security Ordinary shares Market Price per share: Low – R11.3500 High – R11.4100 VWAP - R11.3332 Total Value R549 104.87 Vesting Period The Performance Shares vest on the third anniversary 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: 19/03/2018 05:00:00 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.