SANLAM - RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

SANLAM LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER: 1959/001562/06)
("THE COMPANY")
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

SHAREHOLDERS ARE ADVISED THAT SPECIAL AND ORDINARY RESOLUTIONS REQUIRED TO
APPROVE THE FOLLOWING HAVE BEEN DULY PASSED BY THE COMPANY'S SHAREHOLDERS AT
THE ANNUAL GENERAL MEETING HELD ON WEDNESDAY, 14 JUNE 2000.

-  AMENDMENT OF THE COMPANY'S ARTICLES OF ASSOCIATION ("ARTICLES") TO INCLUDE
PROXIES WHEN CONSTITUTING A QUORUM, WHICH QUORUM IS TO BE PRESENT OR
REPRESENTED AT THE COMMENCEMENT OF THE MEETING;

-  AMENDMENT OF THE COMPANY'S ARTICLES TO ENABLE ALL SHARE TRANSACTIONS OF THE
COMPANY TO BE SETTLED TOTALLY ELECTRONICALLY;

-  AMENDMENT OF THE COMPANY'S ARTICLES TO ENABLE IT TO ACQUIRE ITS OWN SHARES;
-  GRANTING OF A GENERAL AUTHORITY TO THE DIRECTORS FOR SHARE ACQUISITIONS; AND
-  PLACEMENT OF UNISSUED ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY AT
THE DISPOSAL AND UNDER THE CONTROL OF THE DIRECTORS.

THE SPECIAL RESOLUTIONS ARE IN THE PROCESS OF BEING REGISTERED WITH THE
REGISTRAR OF COMPANIES.
THE FOLLOWING DIRECTORS HAVE BEEN RE-ELECTED:
* J P L  ALBERTS
* D C  BRINK
* P E I  SWARTZ
* T  VOSLOO
J P  BESTER
COMPANY SECRETARY
BELLVILLE
15 JUNE 2000