Sanlam Limited - Changes to the Board of Directors

Sanlam Limited - Changes to the Board of Directors                              
SANLAM LIMITED                                                                  
(REGISTRATION NUMBER 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
("Sanlam")                                                                      
Changes to the Board of Directors                                               
In compliance with rule 3.59 of the JSE Listing Requirements, the following     
information is disclosed:                                                       
Sanlam Limited announces the appointment of the following four independent      
directors to fill casual vacancies on its Board:                                
Raisibe Morathi -an executive of the Industrial Development Corporation.  She   
has been seconded from the IDC to the office of the Deputy President of South   
Africa as Economic Advisor and is also a member of the SA Institute of Chartered
Accountants.                                                                    
Sipho Nkosi - chairperson of African Life Assurance Company Limited, CEO of     
Eyesizwe Coal (Pty) Ltd and CEO designate of a new company to be formed         
following the proposed merger between Kumba Resources Ltd and Eyesizwe Coal.    
Lazarus Zim - currently chief executive of Anglo American SA Ltd.  He is also a 
director of Kumba Resources Ltd, Mondi South Africa Ltd, AngloGold Ashanti Ltd, 
Anglo Platinum Ltd and Telkom SA Ltd.                                           
Anton Botha - former chief executive of Gensec Ltd, currently director of the   
JSE Ltd, Sanlam Capital Markets, University of Pretoria and Vukile Property Fund
Ltd.                                                                            
The four new directors will retire automatically at Sanlam"s AGM on 7 June 2006 
but are all available for re-election.                                          
David Brink, who has been a Sanlam board member since 1994, has indicated that  
he will retire at Sanlam"s AGM on 7 June 2006.                                  
Cape Town                                                                       
15 March 2006                                                                   
Sponsor                                                                         
JPMorgan Equities Limited                                                       
Date: 15/03/2006 02:59:47 PM Supplied by www.sharenet.co.za                     
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