Sanlam Ltd - Director dealing in shares

Sanlam Ltd - Director dealing in shares                                         
SANLAM LIMITED                                                                  
(Registration number 1959/001562/06)                                            
JSE share code: SLM                                                             
ISIN number: ZAE000028262                                                       
In accordance with the requirements of paragraphs 3.72 to 3.75 of the JSE       
Securities Exchange South Africa Listings Requirements, the following share     
transactions by a director of Sanlam should be noted:                           
Director:                  P.E.I. Swartz                                        
Nature of transaction:     Purchase of Sanlam shares                            
Number of shares:          7300                                                 
Date of purchase:          29 May 2003                                          
Price:                     664 cents per share                                  
Class of securities:       Ordinary shares                                      
Nature of interest:        Purchased by the PENS Trust in which                 
P.Swartz has an indirect beneficial interest.        

Date: 05/06/2003 02:14:40 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department