SIBANYE GOLD LIMITED - Sibanye-Stillwater receives South African Reserve Bank approval for proposed acquisition of Lonmin

Sibanye-Stillwater receives South African Reserve Bank approval for proposed acquisition of Lonmin

SIBANYE GOLD LIMITED
Trading as Sibanye-Stillwater
Registration Number 2002/031431/06
Incorporated in the Republic of South Africa
Share Code: SGL
ISIN Code: ZAE000173951
Issuer Code: SGL
(“Sibanye-Stillwater” or “the Company” or “the Group”)


Sibanye-Stillwater receives South African Reserve Bank approval for
proposed acquisition of Lonmin

Johannesburg, 15 May 2018. Sibanye-Stillwater is pleased to announce that it
has received the approval of the South African Reserve Bank, as required in
accordance with the Exchange Control Regulations of South Africa, with
respect to the proposed acquisition of Lonmin Plc (“Lonmin”), which was
announced on 14 December 2017 (the “Proposed Transaction”).


The Proposed Transaction remains scheduled for closure during the second
calendar half of 2018 and subject to, inter alia, the passing of the required
resolutions by Lonmin and Sibanye-Stillwater shareholders and the approvals
of the competition authorities of the United Kingdom and South Africa.


Neal Froneman, CEO of Sibanye-Stillwater said “We are pleased to have
received this important regulatory approval in a timely manner, which takes
us another step closer to concluding this important transaction. Management
remains focused on ensuring that the remaining conditions are met and will
notify stakeholders as further progress is made.”


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. 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.

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