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Thu 2 Oct 2003, 16:50 Dealing in Securities by Director
Santam -                     
Santam Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1918/001680/06                                            
(Share Code:SNT ISIN: ZAE000006854                                              
("Santam")                                                                      
In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Executive director:    Steffen Gilbert                                          
Date of acquisition:   02 October 2003                                          
Nature of interest:    Direct beneficial                                        
Number of shares:      100 ordinary shares                                      
Nature of transaction: Purchase                                                 
Price of shares:       R41.01                                                   
Date: 02/10/2003 04:48:25 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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