Sanlam Limited - Dealing in Securities by a Director

Sanlam Limited - Dealing in Securities by a Director                            
REGISTERED NAME: SANLAM LIMITED                                                 
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
Dealing in Securities by a Director of Sanlam Limited                           
Name of Director              : L. Lambrechts (Executive Director, Sanlam Life) 
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 : 30 June 2006                                    
The original purchase price   : R6,00. In total R437 508,00                     
The date on which the                                                           
transaction was effected      : 13 March 2006                                   
The nature of the transaction                                                   
(buy, sell, etc.)             : Delivery, payment and sell                      
Total number of units         : 72 918                                          
Transaction price             : R16,00                                          
Total amount involved         : R1 166 688,00                                   
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        
Sponsor                                                                         
JPMorgan Equities Limited                                                       
Date: 15/03/2006 02:42:59 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department