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SLM
SLM
SLM - Sanlam Limited - Voluntary Tender Offer Becoming Unconditional
Sanlam Limited
Incorporated in the Republic of South Africa
(Registration number 1959/001562/06)
JSE share code: SLM
NSX share code: SLA
ISIN: ZAE000070660
("Sanlam")
VOLUNTARY TENDER OFFER BECOMING UNCONDITIONAL
1. FULFILLMENT OF SUSPENSIVE CONDITIONS
Further to the announcement dated 24 April 2007, relating to the voluntary
tender offer to repurchase up to a maximum of 125 million Sanlam ordinary
shares, Sanlam shareholders are advised that the special resolution authorising
the specific repurchase has been registered with the Registrar of Companies,
resulting in the last suspensive condition being fulfilled. Shareholders are
hereby advised that the voluntary tender offer is now unconditional.
2. SALIENT DATES AND TIMES
Shareholders are advised that the salient dates and times announced on Thursday
8 March 2007 are expected to remain unchanged as follows:
2007
Last day to trade to participate in the voluntary Friday, 4 May
tender offer
Sanlam ordinary shares trade ex the voluntary Monday, 7 May
tender offer
Record date for purposes of participating in the Friday, 11 May
voluntary tender offer
Closing date of the voluntary tender offer at 12h00 Friday, 11 May
Results of the voluntary tender offer released on Monday, 14 May
SENS
Results of the voluntary tender offer published in Tuesday, 15 May
the South African and Namibian media
Dematerialised shareholders` CSDP or broker Wednesday, 16 May
accounts updated by
Voluntary tender offer consideration settlement Monday, 21 May
date by
Certificates posted to certificated shareholders Monday, 21 May
who tendered their ordinary shares in terms of the
voluntary tender offer, but whose entire holdings
were not repurchased, and not electing to
dematerialise their remaining ordinary shares by
Notes:
1. These dates and times are subject to change. Any such change will be
released on SENS and published in the South African and Namibian media.
2. All dates and times are South African dates and times.
3. Share certificates may not be dematerialised or rematerialised between
Monday, 7 May 2007 and Friday, 11 May 2007, both days inclusive.
4. Dematerialised shareholders who wish to tender ordinary shares pursuant to
the voluntary tender offer must notify their CSDP or broker in the manner
and time stipulated in the agreement governing the relationship between
such dematerialised shareholders and their CSDP or broker.
Bellville
25 April 2007
Financial adviser and transaction sponsor
Deutsche Securities (SA) (Proprietary) Limited
Attorneys
Jowell Glyn & Marais
Date: 25/04/2007 11:15:01 Produced by the JSE SENS Department.
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