ADS RIGHTS AGENT AGREEMENTAds Rights Agent Agreement • May 18th, 2017 • Sibanye Gold LTD • Gold and silver ores • New York
Sibanye Gold Limited, a company incorporated under the laws of the Republic of South Africa (the “Company”), will grant to existing registered holders (the “ADS Holders”) of American Depositary Shares (“ADSs”) issued under the Deposit Agreement dated as of February 8, 2013 the “Deposit Agreement”) among the Company, The Bank of New York Mellon, as depositary (the “Depositary”), and all owners and holders from time to time of ADSs issued thereunder that are registered on the books of the Depositary as of May 23, 2017, 2017 (the “Record Date”) the right (the “Rights Offer”) to purchase new ADSs for $3.43 per New ADS (the “ADS Subscription Price”). Each ADS Holder will receive 9 ADS rights (each, an “ADS Right”) for every 7 ADSs held on the Record Date, and each ADS Right will entitle the registered holder (a “Rights Holder”) to purchase one new ADS in the Rights Offer. Each ADS represents four ordinary shares (each, a “Share”) of the Company. The ADSs may be evidenced by American Deposit
Tel: 212-929-5500 Fax: 212-929-0308 New York London Los Angeles Palo Alto WashingtonSibanye Gold LTD • May 18th, 2017 • Gold and silver ores • New York
SIBANYE GOLD LIMITED (a public company with limited liability incorporated under the laws of the Republic of South Africa) 1,195,787,294 Ordinary Shares UNDERWRITING AGREEMENTUnderwriting Agreement • May 18th, 2017 • Sibanye Gold LTD • Gold and silver ores • New York
Rand Merchant Bank, (a division of FirstRand Bank Limited) 1 Merchant Place Corner Rivonia Road and Fredman Drive Sandton 2146 South Africa
