Sibanye Stillwater : Director Dealings

Sibanye Stillwater Limited

Incorporated in the Republic of South Africa

Registration number 2014/243852/06

Share codes: SSW (JSE) and SBSW (NYSE)

ISIN - ZAE000259701

Issuer code: SSW

("Sibanye-Stillwater","the Company" and/or "the Group")

Registered Address:

Constantia Office Park

Bridgeview House • Building 11 • Ground Floor

Cnr 14th Avenue & Hendrik Potgieter Road

Weltevreden Park • 1709

Postal Address:

Private Bag X5 • Westonaria • 1780

Tel [phone] • Fax [phone]

MARKET RELEASE

Director dealings

Johannesburg, 9 March 2020: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following is disclosed:

Name	NJ Froneman
Position	Chief Executive Officer
Company	Sibanye-Stillwater Limited
Nature of interest	Direct and Beneficial
Nature of transaction	Retention of bonus shares in respect of previously awarded bonus
	shares on 1 March 2017
Transaction Date	6 March 2020
Number of ADRs	29 749
Class of Security	ADR
Market Price per ADR:
Low -	$8.20
High -	$9.70
sell price -	$8.46
Total Value	$251 676.54
Vesting Period	Vest in equal parts on 9 months and 18 months of the Grant Date

Name	H Kenyon-Slaney
Position	Independent Non-Executive Director
Company	Sibanye-Stillwater Limited
Nature of interest	Direct and Beneficial
Nature of transaction	On market purchase of ADRs
Transaction Date	5 March 2020
Number of ADRs	4 213
Class of Security	ADR
Market Price per ADR:	£7.12
Total Value	£29 996.56

In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained.

Ends.

Investor relations contact:

Email: [e-mail]

James Wellsted

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Head of Investor Relations

Tel: [phone]

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Ends.

FORWARD LOOKING STATEMENTS

The information in this announcement may contain forward-looking statements within the meaning of the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including, among others, those relating to Sibanye-Stillwater Limited's ("Sibanye-Stillwater" or the "Group") financial positions, business strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of the senior management and directors of Sibanye-Stillwater.

All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements also often use words such as "will", "forecast", "potential", "estimate", "expect" and words of similar meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and should be considered in light of various important factors, including those set forth in this disclaimer and in the Group's Annual Integrated Report and Annual Financial Report, published on 29 March 2019, and the Group's Annual Report on Form 20-F filed by Sibanye- Stillwater with the Securities and Exchange Commission on 5 April 2019 (SEC File no. 001-35785), and the Form F- 4 filed by Sibanye Stillwater Limited with the Securities and Exchange Commission on 4 October 2019 (SEC File no. 333-234096) and any amendments thereto. Readers are cautioned not to place undue reliance on such statements.

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