SNT
SNT
SNT - Santam Limited - Fairness opinion
SANTAM LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1918/001680/06)
Share Code: SNT
ISIN: ZAE000093779
("Santam")
FAIRNESS OPINION FOR THE ACQUISITION OF SANLAM LIFE INSURANCE LIMITED`S
68.75% INTEREST IN THE ISSUED ORDINARY SHARES OF MIWAY GROUP HOLDINGS
(PROPRIETARY)LIMITED
Further to the announcement published by Santam on the Securities
Exchange News Service on 8 December 2010, the JSE Limited has approved
the fairness opinion
provided by PricewaterhouseCoopers Corporate Finance (Proprietary)Limited
to Santam.
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited has found
that the terms of the acquisition to be fair to the shareholders of
Santam.
The fairness opinion will lie open for inspection for 28 days from the
date of this announcement at Santam`s registered office, being 1 Sportica
Crescent, Tyger Valley, Bellville, 7530.
Bellville
15 December 2010
Sponsor: Investec Bank Limited
Date: 15/12/2010 14:30:01 Produced by the JSE SENS Department.
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