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Mon 14 Feb 2005, 16:52 SANTAM LIMITED - TRADING STATEMENT
Release Date: 14/02/2005 16:46:59  
   
SANTAM LIMITED - TRADING STATEMENT  
 
  
SNT                                                                             
SANTAM LIMITED - TRADING STATEMENT                                              
SANTAM LIMITED                                                                  
(Incorporated in the Republic of South Africa)(Reg. No:  1918/001680/06)                                                      
JSE Share Code: SNT           ISIN:  ZAE000006854                               
(`Santam`)                                                                      
Trading statementShareholders are referred to the trading statement that was published on SENS on
24 November 2004. In this statement shareholders were advised that should the   
prevailing underwriting performance and general investment market conditions    
continue until 31 December 2004, the company expected headline earnings andattributable earnings per share to be between 70% and 90% above those reported  
for the prior corresponding period, ended 31 December 2003.                     
Following a substantial increase in the value of listed equities towards the end
of the financial year, the company now expects the headline and attributableearnings for 2004 to be between 100% and 115% higher than those of the prior    
corresponding period. The information in this trading update has not been       
reviewed or reported on by Santam`s auditors.                                   
The results for the year ended 31 December 2004 are expected to be published on22 February 2005.                                                               
By order of the board                                                           
Cape Town                                                                       
14 February 2005Sponsor:                                                                        
Investec Bank LimitedDate: 14/02/2005 04:47:00 PM Produced by the JSE SENS Department
 
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