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Fri 27 Jun 2003, 17:19 Sanlam Ltd - Director dealing in shares
SANLAM LIMITED                                                                  
(Registration number 1959/001562/06)                                            
JSE share code: SLM                                                             
ISIN number: ZAE000028262                                                       
Dealing in Securities by Directors of a Listed Company                          
Notice is hereby given of the following transactions in Sanlam Limited          
securities:                                                                     
Name of  Director                                 :  Mr E van As                
The class of securities (shares, options, etc.)   :  Ordinary Shares            
The date on which the transaction was effected    :  13 June 2003               
The nature of the transaction (buy, sell, etc.)   :  Buy                        
The price per unit                                :  R7.11 per share            
Total number of units                             :  1 000                      
The total amount involved                         :  R7 110.00                  
The nature and the extent of the directors" interest in the transaction         
(personal transaction, transaction by beneficial trust, etc.):                  
Personal transaction by Gillian van As, wife of Eugene van As                   
E van As                                                                        
DIRECTOR                                                                        
DATE:  27 June 2003
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