Sanlam Limited - Dealing in securities by directors of sanlam limited

Sanlam Limited - Dealing in securities by directors of sanlam limited           
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 Sanlam Limited                            
Notice is hereby given of the following completed transaction in Sanlam Limited 
securities:                                                                     
Name of person giving notice:      C.G. SWANEPOEL (Non-executive Director:      
Sanlam Life)(Director, company secretary,    

                                   affected Sanlam person)                      
Name of associate or investment                                                 
manager (if applicable:            SPI                                          
The class of securities                                                         
(shares, options, etc.):           SHARES                                       
The date on which the transaction                                               
was effected:                      13/9/2005                                    
The nature of the transaction                                                   
(buy, sell, etc.):                 SELL                                         
The net price per unit realised:   R13,60                                       
Total number of units traded:      59 517                                       
The total amount involved:         R809 431,20                                  
Pre-approval obtained:             Yes                                          
The nature and the extent of                                                    
the directors" interest in the                                                  
transaction (personal transaction,                                              
transaction by beneficial trust,                                                
etc.):                             PERSONAL TRANSACTION:  DIRECT BENEFICIAL     
13 September 2005                                                               
Sponsor:                                                                        
J.P.Morgan Equities Limited                                                     
Date: 16/09/2005 04:48:40 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department