SLM - Sanlam - Director`s Dealings In Sanlam Securities

SLM - Sanlam - Director`s Dealings In Sanlam Securities                         
Sanlam Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1959/001562/06)                                            
JSE share code: SLM                                                             
NSX share code: SLA                                                             
ISIN number: ZAE000070660                                                       
("Sanlam")                                                                      
Director`s dealings in Sanlam securities                                        
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealings by the company secretary in    
Sanlam securities:                                                              
Name:                        J P Bester                                         
Category:                    Company Secretary                                  
Class of security:           Ordinary shares                                    
Nature of interest:          Direct beneficial                                  
Transaction date:            26 June 2009                                       
Nature of transaction:       Acceptance of a conditional                        
                            undertaking under the Deferred                      
Share Plan (approved long-term                      

                            incentive plan) to receive fully                    
                            paid-up shares in future should                     
                            certain pre-determined retention                    
conditions be met                                   

Scheme period:               Five years                                         
Scheme expiry date:          1 June 2014                                        
Total number of shares:      15 980                                             
Price per share:             R16.99                                             
Total transaction value:     R271 500                                           
Prior authority to transact  Yes                                                
obtained:                                                                       
Bellville                                                                       
30 June 2009                                                                    
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/06/2009 14:49:01 Supplied by www.sharenet.co.za                     
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