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, 31 May 2019. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited ("the Listings Requirements") we hereby advise that Messrs NJ Froneman and C Keyter, Chief Executive Officer and Chief Financial Officer of Sibanye Gold Limited has retained and/ or sold Performance Shares which were granted on 1 March 2016 (“the Grant Date”) in terms of The Sibanye Gold Limited 2013 Share Plan. Performance Shares awarded to Messrs Froneman and Keyter were sold in order to settle the associated tax liability. 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 On market sale of performance shares to cover associated tax liability Transaction Date 28 May 2019 Number of Shares 36 357 Class of Security Ordinary shares Market Price per share: Low – R11.3000 High – R11.8700 VWAP - R11.6275 Total Value R422 741.02 Vesting Period The Performance Shares vest on the third anniversary 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 performance shares Transaction Date 28 May 2019 Number of Shares 41 832 Class of Security Ordinary shares Market Price per share: R11.6275 Total Value R486 401.58 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 28 May 2019 Number of Shares 16 520 Class of Security Ordinary shares Market Price per share: Low – R11.3000 High – R11.8700 VWAP - R11.6275 Total Value R192 086.30 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 performance shares Transaction Date 28 May 2019 Number of Shares 19 008 Class of Security Ordinary shares Market Price per share: R11.6275 Total Value R221 015.52 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. 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. Date: 31/05/2019 09:40:00 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.