Sanlam Limited - Dealing in securities by a director

Sanlam Limited - Dealing in securities by a director                            
In terms of JSE Listings Requirements rule 3.72 to 3.75 notice is hereby        
given of the following transaction of a director in Sanlam Limited              
securities:                                                                     
Name of Alternate Director    :CG Swanepoel                                     
The class of securities       :Ordinary Shares                                  
The date on which the                                                           
transaction was effected      :18 September 2002.                               
The nature of the transaction :Sell (option scheme at expiry date)              
Total number of units         :10 057                                           
Option scheme price           :R6, 00                                           
Selling price                 :R7, 92                                           
The total amount involved     :R79 651, 44                                      
The nature and the extent                                                       
of the directors` interest                                                      
in the transaction            :Direct beneficial.                               
Date: 30/09/2002 05:35:26 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department