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Thu 4 May 2006, 13:55 Sanlam Limited - Dealing In Securities By Director
SLM
 SLM                                                                             
Sanlam Limited - Dealing In Securities By Director                              
REGISTERED NAME: SANLAM LIMITED                                                 
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
Dealing in Securities by Directors of a Listed Company                          
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of Director:           HC Werth (executive director Sanlam Life Insurance  
                            Limited, a major subsidiary of Sanlam Limited)      
The class of securities                                                         
(shares, options, etc.):    Ordinary shares (Share scheme)                      
The scheme period:          Seven and eight years                               
The scheme expiry date:     1 December 2006, 1 December 2007, 1 March 2009 and 1
May 2011                                            
The original purchase                                                           
price:                      R7,35 , R8,20 , R8,26 and R6,03 - In total R1 102   
                            793,96                                              
The date on which the                                                           
transaction was effected:   2 May 2006                                          
The nature of the                                                               
transaction (buy, sell,                                                         
etc.):                      Delivery, payment and sell                          
Total number of units:      162 362                                             
Transaction price:          R15,55 - R15,60 (average R15,56)                    
Total amount involved:      R2 526 756,64                                       
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 - indirect          
                            beneficial                                          
04 May 2006                                                                     
Sponsor: J.P.Morgan Equities Limited                                            
Date: 04/05/2006 01:55:56 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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