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Mon 12 Sep 2005, 17:37 Sanlam Limited - Dealing in Securities by Director
Sanlam Limited - Dealing in Securities by Directors of a Listed Company         
REGISTERED NAME: SANLAM LIMITED                                                 
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000028262                                                       
Sanlam Group                                                                    
Dealing in Securities by Directors of a Listed Company                          
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of Director                   :  H C WERTH                                 
(Executive Director, Sanlam Life)         

Name of associate or                                                            
investment manager (if applicable) :  -                                         
The class of securities                                                         
(shares, options, etc.)            :  Ordinary Shares (Option Scheme)           
The option scheme period           :  Seven years                               
The option scheme expiry date      :  1 Jan. 2006, 1 Dec. 2006 and 1 Dec. 2007  
The original purchase price        :  R6,00/R7,35/R8,20   In total:  R655 012,25
The date on which the                                                           
transaction was effected           :  8 September 2005                          
The nature of the transaction                                                   
(buy, sell, etc.)                  :  Delivery, payment and sell                
Total number of units              :  99529                                     
Transaction price                  :  R13,40                                    
Total amount involved              :  R1 333 688,60                             
Pre-approval obtained              :  Yes                                       
The nature and the extent of                                                    
the directors` interest in the                                                  
transaction (personal transaction,                                              
 transaction by beneficial trust,                                               
etc.)                              :  Transaction by beneficial trust           
Pre-approval obtained              :  Yes                                       
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of Director                   :  H.C. Werth                                
                                      (Executive Director, Sanlam Life)         
Name of associate or investment                                                 
manager (if applicable)            :  Sanlam Investment Management              
The class of securities                                                         
(shares, options, etc.)            :  Ordinary shares                           
The date on which the                                                           
transaction was effected           :  9 September 2005                          
The nature of the transaction                                                   
(buy, sell, etc.)                  :  Sell                                      
Total number of units              :  20 000                                    
Transaction price                  :  R13,48                                    
Total amount involved              :  R269 600,00                               
Pre-approval obtained              :  Yes                                       
The nature and the extent of                                                    
the directors` interest in                                                      
the transaction (personal                                                       
transaction, transaction by                                                     
beneficial trust, etc.)            :  Transaction by beneficial trust           
Pre-approval obtained              :  Yes                                       
09 September 2005                                                               
Sponsor:                                                                        
J.P.Morgan Equities Limited
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