SANLAM LIMITED - Directors dealings in Sanlam securities

Directors 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”)

Directors 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:

Director:                        TI Mvusi
Category of director:            Executive director : Group Market
                                 Development
Class of security:               Ordinary shares
Nature of interest:              Direct, beneficial
Nature of transaction:           Grant and acceptance of Restricted
                                 Shares under Restricted Share Plan
                                 (long-term retention with performance
                                 hurdles)
Nature of agreement:             Restricted Shares under Restricted
                                 Share Plan (long-term retention with
                                 performance hurdles). The rules of
                                 the Restricted Share Plan allow for a
                                 six year measurement period with
                                 proportional early vesting from the
                                 end of year 3 to the extent that
                                 performance hurdles were met
Date of transaction:             18 March 2015
Total number of units:           13 148
Total transaction value:         Rnil (Conditional value based on the
                                 closing market price of a Sanlam
                                 share of R78,75 on 18 March 2015
                                 amounts to R1 035 405)
Prior authority to transact      Yes
obtained:

Director:                        JP Möller
Category of director:            Financial director
Class of security:               Ordinary shares
Nature of interest:              Direct, beneficial
Nature of transaction:           Grant and acceptance of Restricted
                                 Shares under Restricted Share Plan
                                 (long-term retention with performance
                                 hurdles)
Nature of agreement:             Restricted Shares under Restricted
                                 Share Plan (long-term retention with
                                 performance hurdles). The rules of
                                 the Restricted Share Plan allow for a
                                 six year measurement period with
                                 proportional early vesting from the
                                 end of year 3 to the extent that
                                 performance hurdles were met
Date of transaction:             18 March 2015
Total number of units:           65 738
Total transaction value:         Rnil (Conditional value based on the
                                 closing market price of a Sanlam
                                 share of R78,75 on 18 March 2015
                                 amounts to R5 176 868)
Prior authority to transact      Yes
obtained:

Director:                        Y Ramiah
Category of director:            Chief Executive: Sanlam Brand
Class of security:               Ordinary shares
Nature of interest:              Direct, beneficial
Nature of transaction:           Grant and acceptance of Restricted
                                 Shares under Restricted Share Plan
                                 (long-term retention with performance
                                 hurdles)
Nature of agreement:             Restricted Shares under Restricted
                                 Share Plan (long-term retention with
                                 performance hurdles). The rules of
                                 the Restricted Share Plan allow for a
                                 six year measurement period with
                                 proportional early vesting from the
                                 end of year 3 to the extent that
                                 performance hurdles were met
Date of transaction:             18 March 2015
Total number of units:           13 148
Total transaction value:         Rnil (Conditional value based on the
                                 closing market price of a Sanlam
                                 share of R78,75 on 18 March 2015
                                 amounts to R1 035 405)
Prior authority to transact      Yes
obtained:


Bellville
23 March 2015

Sponsor
Deutsche Securities (SA) Proprietary Limited

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