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Fri 5 Nov 2004, 17:54 SANTAM LIMTIED - DEALINGS IN SECURITIES BY DIRECTO
SANTAM LIMTIED - DEALINGS IN SECURITIES BY DIRECTOR                             
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:                                             
Name of director         :    Alwyn Martin                                      
Number of shares         :    200                                               
Date of transaction      :    27 October 2004                                   
Price per share          :    R59.00                                            
Class of shares          :    Ordinary                                          
Nature of transaction    :    Purchase of shares                                
Nature of interest       :    Direct beneficial                                 
Clearance to deal                                                               
received                 :    yes                                               
5 November 2004
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