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Mon 1 Nov 2004, 15:44 DEALINGS IN SECURITIES
SANTAM LIMTIED - DEALINGS IN SECURITIES                                         
SANTAM LIMTIED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1918 / 001680 / 06                                         
Share code:  SNT                                                                
ISIN:        ZAE000006854                                                       
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Company director         :    JE Newbury                                        
Number of shares         :    3 900                                             
Date of transaction      :    29 October 2004                                   
Price per share          :    R62.00                                            
Class of shares          :    Ordinary                                          
Nature of transaction    :    Purchase of shares                                
Number of shares         :    100                                               
Date of transaction      :    29 October 2004                                   
Price per share          :    R61.80                                            
Class of shares          :    Ordinary                                          
Nature of transaction    :    Purchase of shares                                
Nature of interest       :    Direct beneficial                                 
Approval                 :    Approval obtained from Chairman of the Board      
Date: 01/11/2004 03:32:22 PM                      
Produced by the JSE SENS Department
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