SANLAM LIMITED - DEALING IN SECURITIES BY DIRECTORS

JSE LISTING REQUIREMENTS

Dealing in Securities by Directors of a Listed Company
NOTICE TO THE COMPANY SECRETARY OF SANLAM LIMITED
(FAX NO:  (021)947-3670)

Notice is hereby given of the following transactions in Sanlam Limited
securities:

Name of  Director                              :  H.S.C. Bester

The class of securities (shares, options, etc.):    Shares

The date on which the transaction was effected :  6 June 2001

The nature of the transaction (buy, sell, etc.):    Sell
The price per unit and total amount involved   :

No. of shares                                  :   94 154

Price per unit                                 :   R10,09

Total amount                                   :   R949 908
The nature and the extent of the directors'
interest in the transaction
(personal transaction, transaction

by beneficial trust, etc.)                     :   Transaction by beneficial
                                                   trust:  Besma Trust
DATE:  5 June 2001