Sanlam Limited - Dealing in Securities

Sanlam Limited - Dealing in Securities                                          
Registered name: 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 transaction in Sanlam Limited           
securities:                                                                     
Name of Director:             C.G. Swanepoel (Non-Executive Director, Sanlam    
                              Life)                                             
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:  R9.80.  In total  R1 594 264,00                   
The date on which the                                                           
transaction was effected:     5 April 2006                                      
The nature of the                                                               
transaction                                                                     
(buy, sell, etc.):            Exercise, delivery, payment and sell              
Total number of units:        162 680                                           
Transaction price:            R16,60                                            
Total amount involved:        R2 700 488,00                                     
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          
11 April 2006                                                                   
Sponsor: J.P.Morgan Equities Limited                                            
Date: 11/04/2006 05:44:16 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department