Sanlam Limited - Dealing in Securities by Directors of a Listed Company

Sanlam Limited - Dealing in Securities by Directors of a Listed Company         
Sanlam Limited                                                                  
REGISTERED NAME: SANLAM LIMITED                                                 
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000028262                                                       
Sanlam Group                                                                    
Dealing in Securities by Directors of a Listed Company                          
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of  Director:                   A.S. du Plessis (Non-executive Director)   
Name of associate or                                                            
investment manager (if applicable):  -                                          
The class of securities                                                         
(shares, options, etc.):             Ordinary shares (Option scheme)            
The option scheme period:            Five years                                 
The option scheme expiry date:       31 December 2005                           
The original purchase price:         R6,00. In total R1 333 332,00              
The date on which the                                                           
transaction was effected:            8 September 2005                           
The nature of the transaction                                                   
(buy, sell, etc.):                   Delivery, payment and sell                 
Total number of units:               222 222                                    
Transaction price:                   R13,40                                     
Total amount involved:               R2 977 774,80                              
Pre-approval obtained:               Yes                                        
The nature and the extent of the directors" interest in the transaction         
(personal transaction, transaction by beneficial trust, etc.):  Transaction by  
beneficial trust                                                                
Sponsor:                                                                        
J.P.Morgan Equities Limited                                                     
Date: 12/09/2005 05:22:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department