SLM - Sanlam Limited - Dealings by a Director

SLM - Sanlam Limited - Dealings by a Director                                   
Registered name: Sanlam Limited                                                 
(Registration number 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
Notice is hereby given of the following transaction in Sanlam Limited           
securities:                                                                     
Name of Director                   :  M. Lombard                                
                                    (Company Secretary:  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           : Seven years                                
The option scheme expiry date      : 1 December 2006                            
The original purchase price        : R8,20.                                     
The date on which the                                                           
transaction was effected           : 1 December 2006                            
The nature of the transaction                                                   
(buy, sell, etc.)                  : Delivery, payment and sell                 
Total number of units              : 7 317                                      
Transaction price                  : R17,89                                     
Total amount involved              : R130 883,32                                
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   
15 December 2006                                                                
Sponsor: J.P.Morgan Equities Limited                                            
Date: 15/12/2006 14:16:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.