Sanlam - Annual General Meeting

Sanlam - Annual General Meeting                                                 
Sanlamhof, 5 June 2002                                                          
SANLAM ANNUAL GENERAL MEETING                                                   
Sanlam`s Annual General meeting (AGM) was held at the Group`s head office in    
Bellville this morning. It was the fourth AGM of the Group since its listing    
in 1998 and the first under the chairmanship of Mr Ton Vosloo who took over     
from Mr Marinus Daling on 1 January this year. Mr Daling passed away on 1       
February 2002 after he had earlier resigned as chairman owing to health         
reasons.                                                                        
A number of retiring directors have been re-elected to Sanlam`s Board.          
Messrs Johan Alberts, Attie du Plessis and George Rudman and Ms Carmen          
Maynard were re-elected as non-executive directors. Mr Charl le Roux and        
Flip Rademeyer were re-elected as executive directors. Mr le Roux is chief      
executive of Sanlam Life and Mr Rademeyer is financial director of Sanlam       
Limited.                                                                        
Sanlam`s articles of association were also amended at the meeting to allow      
for the electronic delivery and availability of information.  Sanlam            
shareholders also renewed their annual approval authorising Sanlam`s board      
of directors to repurchase its own shares as well as to issue all or any        
part of the unissued ordinary Sanlam shares.                                    
Ends                                                                            
Issued by Frans van Rensburg, Sanlam Media Relations, tel: (021) 947-4893       
Date: 05/06/2002 11:27:58 AM Produced by the SENS Department