SANLAM LIMITED - Fulfillment of all conditions precedent of the acquisition of an effective 30% interest in Saham Finances S.A

Fulfillment of all conditions precedent of the acquisition of an effective 30% interest in Saham Finances S.A

Sanlam Limited                                          Santam Limited
(Incorporated in the Republic of South Africa)          (Incorporated in the Republic of South Africa)
Registration number 1959/001562/06                      Registration number: 1918/001680/06
JSE share code: SLM                                     JSE share code: SNT
NSX share code: SLA                                     NSX share code: SNM
ISIN: ZAE000070660                                      ISIN: ZAE000093779
(“Sanlam”)                                              ("Santam")


FULFILLMENT OF ALL CONDITIONS PRECEDENT OF THE
ACQUISITION OF AN EFFECTIVE 30% INTEREST IN SAHAM FINANCES S.A. (“Saham Finances”)



Shareholders are referred to the SENS announcement released on 24 November 2015, regarding the joint
acquisition by Sanlam’s wholly owned subsidiary, Sanlam Emerging Markets Proprietary Limited, and Santam
of an effective 30% interest in Saham Finances, and are advised that all of the conditions precedent have now
been fulfilled and the closing process completed, with a formal transaction effective date of 29 February 2016.

Bellville
16 March 2016

Sponsor to Sanlam                                       Sponsor to Santam
Deutsche Securities (SA) Proprietary Limited            Investec Bank Limited

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