Sanlam Limited - Dealing in securities

Sanlam Limited - Dealing in securities                                          
Sanlam Limited                                                                  
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
Dealing in Securities by Directors of a Listed Company                          
Notice is hereby given of the following transactions in Sanlam Limited          
securities by the directors and Company Secretary of the Sanlam Ltd Board as a  
result of the compulsory scheme of arrangement with and its voluntary offer to  
its shareholders (refer to circular to shareholders issue on 18 August 2005).   
Non Executive Directors                                                         
Name:               RC Andersen - Direct                                        
Number of shares:   Beneficial: 911                                             
                    Non-Beneficial: -                                           
Shares sold:        Beneficial: 91                                              
                    Non-Beneficial : -                                          
Shares left:        Beneficial: 820                                             
                    Non-Beneficial -                                            
Name:               DC Brink - Indirect                                         
Number of shares:   Beneficial:  38 899                                         
                    Non-Beneficial: -                                           
Shares sold:        Beneficial:  3 890                                          
Non-Beneficial:  -                                          

Shares left:        Beneficial:  35 009                                         
                    Non-Beneficial:  -                                          
Name:               FA du Plessis - Direct                                      
Number of shares:   Beneficial:  300                                            
                    Non-Beneficial: -                                           
Shares sold:        Beneficial:  300                                            
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  -                                              
                    Non-Beneficial:  -                                          
Name:               FA du Plessis - Indirect                                    
Number of shares:   Beneficial: 711                                             
Non-Beneficial:  433                                        

Shares sold:        Beneficial:  341                                            
                    Non-Beneficial:  43                                         
Shares left:        Beneficial:  370                                            
Non-Beneficial:  390                                        

Name:               GE Rudman - Direct                                          
Number of shares:   Beneficial: 1                                               
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  -                                              
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  1                                              
                    Non-Beneficial:  -                                          
Name:               GE Rudman - Indirect                                        
Number of shares:   Beneficial: 135 660                                         
                    Non-Beneficial:  119 364                                    
Shares sold:        Beneficial:  13 566                                         
Non-Beneficial:  11 936                                     

Shares left:        Beneficial:  122 094                                        
                    Non-Beneficial:  107 428                                    
Name:               E van As - Direct                                           
Number of shares:   Beneficial: 904                                             
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  90                                             
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  814                                            
                    Non-Beneficial:  -                                          
Name:               E van As - Indirect                                         
Number of shares:   Beneficial: -                                               
Non-Beneficial:  1000                                       

Shares sold:        Beneficial:  -                                              
                    Non-Beneficial:  100                                        
Shares left:        Beneficial:  -                                              
Non-Beneficial:  900                                        

Name:               JJM van Zyl - Direct                                        
Number of shares:   Beneficial: 9559                                            
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  956                                            
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  8603                                           
                    Non-Beneficial:  -                                          
Executive Directors:                                                            
Name:               P de V Rademeyer - Direct                                   
Number of shares:   Beneficial: 83529                                           
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  8353                                           
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  75176                                          
                    Non-Beneficial:  -                                          
Name:               P de V Rademeyer - Indirect                                 
Number of shares:   Beneficial: 806                                             
                    Non-Beneficial: 191340                                      
Shares sold:        Beneficial:  81                                             
Non-Beneficial:  19134                                      

Shares left:        Beneficial:  725                                            
                    Non-Beneficial: 172206                                      
Name:               J van Zyl - Direct                                          
Number of shares:   Beneficial: 193693                                          
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  19369                                          
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  174324                                         
                    Non-Beneficial:  -                                          
Company Secretary:                                                              
Name:               JP Bester- Direct                                           
Number of shares:   Beneficial: 329422                                          
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  32942                                          
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  296480                                         
                    Non-Beneficial:  -                                          
Name:               JP Bester - Indirect                                        
Number of shares:   Beneficial: 28787                                           
Non-Beneficial:  -                                          

Shares sold:        Beneficial:  2879                                           
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  25908                                          
Non-Beneficial:  -                                          

Notice is hereby given of the following transactions in Sanlam Limited          
securities by the directors of the Sanlam Life Insurance Ltd Board,a major      
subsidiary of Sanlam Ltd, as a result of the compulsory scheme of arrangement   
with and its voluntary offer to its shareholders (excluding directors who are   
also directors of Sanlam Ltd)                                                   
Non Executive Directors                                                         
Name:               CG Swanepoel - Indirect                                     
Number of shares:   Beneficial: 524575                                          
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  52458                                          
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  472117                                         
                    Non-Beneficial:  -                                          
Executive Directors                                                             
Name:               LL Lambrechts - Direct                                      
Number of shares:   Beneficial: 15234                                           
                    Non-Beneficial:  -                                          
Shares sold:        Beneficial:  1523                                           
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  13711                                          
                    Non-Beneficial:  -                                          
Name:               HC Werth - Indirect                                         
Number of shares:   Beneficial: 9032                                            
Non-Beneficial:  -                                          

Shares sold:        Beneficial:  903                                            
                    Non-Beneficial:  -                                          
Shares left:        Beneficial:  8129                                           
Non-Beneficial:  -                                          

Sponsor:                                                                        
J.P.Morgan Equities Limited                                                     
Date: 02/11/2005 05:20:36 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department