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Mon 13 Mar 2006, 16:55 Sanlam Limited - Dealing In Securities By A Direct
SLM
 SLM                                                                             
Sanlam Limited - Dealing In Securities By A Director Of Sanlam Limited          
Registered Name: Sanlam Limited                                                 
(Registration Number 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
Dealing in Securities by a Director of Sanlam Limited                           
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of Director:             A.S. du Plessis (Non-executive Director)          
Name of associate or                                                            
investment manager                                                              
(if applicable):              SPI                                               
The class of securities                                                         
(shares, options, etc.):      Ordinary shares                                   
The option scheme period:     Not applicable                                    
The option scheme                                                               
expiry date:                  Not applicable                                    
The original purchase price:  Not applicable                                    
The date on which the                                                           
transaction was effected:     9 March 2006                                      
The nature of the                                                               
transaction                                                                     
(buy, sell, etc.):            Buy                                               
Total number of units :       15 000                                            
Transaction price:            R15,26                                            
Total amount involved:        R228 900,00                                       
Pre-approval obtained:        Yes                                               
The nature and the extent                                                       
of the directors" interest                                                      
in the transaction                                                              
(personal transaction,                                                          
transaction by beneficial                                                       
trust, etc.):                  Indirect Beneficial                              
Name of Director:              C.G. Swanepoel (Non-Executive Director, Sanlam   
Life)                                            
The class of securities                                                         
(shares, options, etc.):       Ordinary shares (Option scheme)                  
The option scheme period:      Seven years                                      
The option scheme expiry                                                        
date (strike date):            30 June 2006, 1 December 2006 and 31 August 2007 
The date on which the                                                           
transaction was effected:      9 March 2006                                     
The nature of the                                                               
transaction (buy, sell, etc.): Sell                                             
Total number of units:         584 774                                          
Transaction price                                                               
(strike price):                R15,27                                           
Total amount involved:         R8 929 498,98                                    
The nature and the extent                                                       
of the directors" interest                                                      
in the transaction                                                              
(personal transaction,                                                          
transaction by beneficial                                                       
trust, etc.):                  Indirect Beneficial                              
Pre-approval obtained:         Yes                                              
Name of  Director:             C.G. Swanepoel (Non-Executive Director, Sanlam   
                               Life)                                            
The class of securities                                                         
(shares, options, etc.):       Ordinary shares (Option scheme)                  
The option scheme period:      Seven years                                      
The option scheme expiry                                                        
date (strike date):            30 June 2006, 1 December 2006 and 31 August 2007 
Transaction price                                                               
(strike price):                R6,00 / R6,03 / R7,35 / R8,20 / R8,26            
The date on which the                                                           
transaction was effected:      9 March 2006                                     
The nature of the                                                               
transaction (buy, sell, etc.): Exercise and/or delivery and payment             
Total number of units:         584 774                                          
Total amount involved:         R4 143 398,98                                    
The nature and the extent                                                       
of the directors" interest                                                      
in the transaction                                                              
(personal transaction,                                                          
transaction by beneficial                                                       
trust, etc.):                  Indirect Beneficial                              
Pre-approval obtained:         Yes                                              
Sponsor                                                                         
JPMorgan Equities Limited                                                       
Date: 13/03/2006 04:55:23 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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