SNT
SNT
SNT - Santam Limited - Trading Statement
SANTAM LIMITED
(Incorporated in the Republic of South Africa)
(Reg No: 1918/001680/06)
JSE Share Code: SNT & ISIN: ZAE000006854
("Santam")
Trading Statement
Shareholders are referred to the operational update that was published on
SENS on 29 May 2007. In this statement shareholders were advised that
underwriting results for the year to date were pleasing. Corrective
measures on personal lines and commercial portfolios taken since last year
yielded positive results, despite severe price competition. In addition to
the favourable underwriting performance, the company also benefited from
the strong equity market, favourably impacting on investment income. The
company expects headline earnings per share, for the six months ended 30
June 2007, to be between 55% and 65% above those reported for the prior
corresponding period.
The information in this trading statement has not been reviewed or reported
on by Santam`s auditors.
The interim results for the six months ended 30 June 2007 are expected to
be published on 21 August 2007.
By order of the board
Cape Town
15 August 2007
Sponsor: lnvestec Bank Limited
Date: 15/08/2007 15:51:02 Produced by the JSE SENS Department.
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