Sanlam Limited - Dealing in Securities by a Director of Sanlam Limited

Sanlam Limited - Dealing in Securities by a Director of Sanlam Limited          
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:           C.G. Swanepoel (Non-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:   Eight years                                         
The option scheme expiry                                                        
date :                      31 August 2007                                      
The original purchase                                                           
price:                      R8,40 and R9,80. In total R1 795 558,80             
The date on which the                                                           
transaction was effected:   15 March 2006                                       
The nature of the                                                               
transaction                                                                     
(buy, sell, etc.) :         Exercise, delivery, payment and sell                
Total number of units:      200 000                                             
Transaction price :         R16,83                                              
Total amount involved:      R3 366 000,00                                       
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: 16/03/2006 04:57:34 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department