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Fri 22 Sep 2006, 15:23 Santam Limited - Directors dealings
SNT
 SNT                                                                             
     Santam Limited - Directors dealings                                        
     SANTAM LIMITED                                                             
     (Incorporated in the Republic of South Africa)                             
(Registration number 1918 / 001680 / 06                                    
      Share code:  SNT  &   ISIN: ZAE000006854                                  
     ("Santam")                                                                 
     In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the  
following information is disclosed:                                        
     Company director         :    Stephen Christopher Gilbert                  
     Number of shares         :    113 640                                      
     Date of transaction      :    22 September 2006                            
Price per share          :    R18.70                                       
     Class of shares          :    Ordinary                                     
     Nature of transaction    :    Exercise and payment of options in respect   
                                   of the Share Incentive Scheme.               
Nature of interest       :    Direct beneficial interest                   
     Approval                 :    Approval obtained from Chairperson of the    
                                   Board                                        
     22 September 2006                                                          
Cape Town                                                                  
     Sponsor :Investec Bank Limited                                             
Date: 22/09/2006 03:23:53 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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