SANLAM LIMITED - Directors dealings in Sanlam securities

Director’s dealings in Sanlam securities

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

Director’s dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by directors in Sanlam securities:

Name of director:                 J van Zyl
Designation:                      Group Chief Executive Officer
Date of transaction:              15 March 2013
Class of security:                Ordinary shares
Nature of transaction:            Grant and acceptance of last tranche
                                  of Restricted Shares under Restricted
                                  Share Plan (long-term retention with
                                  performance hurdles) in terms of the
                                  revised employment arrangement
                                  concluded in April 2011
Retention and performance         Until 31 December 2016
period:
Total number of units:            281 209
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          Conditional value based on the
                                  closing market price of a Sanlam
                                  share on 15 March 2013 of R46.87
                                  amounts to R13 180 266
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A

Name of director:                 K Möller
Designation:                      Financial Director
Date of transaction:              15 March 2013
Class of security:                Ordinary shares
Nature of transaction:            Grant and acceptance of Restricted
                                  Shares under Restricted Share Plan
                                  (long-term retention with performance
                                  hurdles)
Retention and performance         Until 7 March 2018
period:
Total number of units:            41 850
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          Conditional value based on the
                                  closing market price of a Sanlam
                                  share on 15 March 2013 of R46.87
                                  amounts to R1 961 510
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A

Name of director:                 T Mvusi
Designation:                      Chief Executive: Group Market
                                  Development
Date of transaction:              15 March 2013
Class of security:                Ordinary shares
Nature of transaction:            Grant and acceptance of Restricted
                                  Shares under Restricted Share Plan
                                  (long-term retention with performance
                                  hurdles)
Retention and performance         Until 7 March 2018
period:
Total number of units:            20 926
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          Conditional value based on the
                                  closing market price of a Sanlam
                                  share on 15 March 2013 of R46.87
                                  amounts to R980 802
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A


Bellville
19 March 2013

Sponsor
Deutsche Securities (SA) (Proprietary) Limited

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