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SIBANYE GOLD LIMITED - Trading statement for the six months ending 30 June 2014

Release Date: 17/04/2014 17:30
Code(s): SGL     PDF:  
Wrap Text
Trading statement for the six months ending 30 June 2014

Sibanye Gold Limited
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye” or “the Company”)

TRADING STATEMENT FOR THE SIX MONTHS ENDING 30 JUNE 2014

Westonaria, 17 April 2014: In compliance with paragraphs 3.4(b)
of the JSE Listing Requirements, shareholders are advised that
earnings per share (EPS) for the six months ending 30 June 2014
are likely to be at least 20% higher than for the comparative
period in 2013. A further, more detailed announcement will be
released once a more definitive range can be given.

The primary reason for the difference in EPS is due to the non-
recurring items of R821 million (R591 million after tax)
impairment charge relating to the Beatrix West section and
restructuring cost of R343 million accounted for during the
period ended 30 June 2013. Sibanye does not foresee any
impairment during 2014 and restructuring costs for the six months
ended 30 June 2014 should be lower.

The financial information on which the trading statement has been
based has not been reviewed or reported on by the Company’s
auditors.

Sibanye Gold will release an Operating update for the quarter
ended 31 March 2014 at 08:00 (CAT) on Thursday, 24 April 2014 on
SENS and on the Company website www.sibanyegold.co.za.

ENDS

Contact

James Wellsted
Head of Corporate Affairs
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 17/04/2014 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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