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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20170518_S384850.pdf] Symbol [SGLSBD] Symbol [SGLSBC] SCIB: Adjustment to the Standard Bank Sibanye Gold LTD warrants - SGLSBC/SGLSBDThe Standard Bank of South Africa Limited2017/05/18ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARDBANK SIBANYE GOLD LTD WARRANTSFollowing the Sibanye Gold Limited (?SGL?) announcement on the rights offer, SGLshareholders will receive rights to take up 9 SGL shares for every 7 SGL shares heldat a price of R11.28 per share.Following this announcement, notice is hereby given that the terms of the SGLwarrants will be adjusted to place the warrant holders in the same financial positionthey were prior to the rights offer ex-date. The terms of the warrants shall bedetermined at the close of business on 23rd May 2017.The following warrants will be affected by this corporate action:Existing Terms JSE Exercise ConversionISIN Expiry Exercise Style Code Price RatioZAE000237384 SGLSBC R 31.00 18 05-Jul-17 American CallZAE000239679 SGLSBD R 28.50 18 06-Sept-17 American CallNew Terms JSE Exercise ConversionISIN Expiry Exercise Style Code Price RatioZAE000237384 SGLSBC TBA TBA 05-Jul-17 American CallZAE000239679 SGLSBD TBA TBA 06-Sept-17 American CallThe Effective Date of the adjustment shall be 24th May 2017.The JSE Limited (JSE) Issuer Services Division has approved the adjustment of theabove-mentioned warrants.This Notice together with the Common Terms Document and Conditions Annexurerecord the terms and conditions of the agreement between the Parties. Any termsused in this Notice which are defined in the Common Terms Document, ConditionsAnnexure and the relevant Supplements shall bear the meaning ascribed to themtherein, unless specifically stated otherwise herein. Other than as set out herein, theterms and conditions set out in the Common Terms Document, Conditions Annexureand relevant Supplements remain unchanged and in full force and effect.Please note that Share Instalments are subject to selling restrictions and prospectivepurchases are referred to the relevant Conditions Annexure for details of suchrestrictions.Date: 18/05/2017 01:45:00 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.