www.sibanyestillwater.com
MARKET RELEASE
Labour Court declares the extension of the wage agreement to AMCU, valid and lawful
Johannesburg, 20 March 2019: Sibanye-Stillwater (JSE: SGL and NYSE: SBGL) is pleased to advise that it
has today received judgement from the Labour Court (the Court), which declares that the extension, on
18 February 2019, of the gold wage agreement reached with the National Union of Mineworkers (NUM),
UASA and Solidarity, to AMCU and other non-unionised employees, is valid and lawful in terms of Section
23(1)(d) of the Labour Relations Act, No 66 of 1995 (S23(1)(d)). The agreement is applicable to non-parties
of the agreement.
As a result of the legally binding nature of the extension agreement, the Company will now commence
and participate with an independent verification process, to confirm the various unions’ level of
representivity required to implement the extension agreement.
Neal Froneman, CEO of Sibanye-Stillwater comments: “We are extremely pleased with the ruling provided
by the Labour Court. This judgment provides clarity to all parties on the legal standing of the application
of the extension of the wage agreement to AMCU in terms of Section 23(1)(d). Furthermore, it provides
a clear path forward to resolving the ongoing strike in a manner which does not compromise our values
or undermine our other stakeholders, who have also been negatively impacted by the AMCU strike
action. We urge AMCU to respect the ruling and allow due processes to be followed in the interest of all
parties and a peaceful resolution to this strike.”
Sibanye-Stillwater Investor relations contact:
James Wellsted
Head of Investor Relations
Email:
ir@sibanyestillwater.com
+27 (0) 83 453 4014
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
Sibanye Gold Limited
Trading as Sibanye-Stillwater
Reg. 2002/031431/06
Incorporated in the Republic of South Africa
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater”,”the Company” and/or “the Group”)
Business Address:
Libanon Business Park
1 Hospital Street
(Off Cedar Ave)
Libanon, Westonaria, 1780
Postal Address:
Private Bag X5
Westonaria, 1780
Tel +27 11 278 9600
Fax +27 11 278 9863