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SLM - Sanlam Limited - Fulfilment Of Suspensive Conditions Sanlam Limited (Incorporated in the Republic of South Africa) (Registration number 1959/001562/06) JSE code: SLM NSX code: SLA ISIN: ZAE000070660 ("Sanlam") Fulfilment Of Suspensive Conditions Shareholders are referred to the announcement released today by Vukile Property Fund Limited ("Vukile") whereby Vukile unitholders were advised that all of the resolutions tabled at a general meeting held on Friday, 18 December 2009, were passed by the requisite majority of unitholders. All the suspensive conditions to the acquisition by Vukile of the property asset management business of Sanlam Properties (Proprietary) Limited ("Sanlam Properties") directly related to Sanlam Life Insurance Limited`s property portfolio, as a going concern ("the Business Acquisition") have been met, with the result that the Business Acquisition is now unconditional. The Business Acquisition will be implemented with effect 1 January 2010 and the linked units in Vukile to satisfy the purchase consideration will be allotted and issued to Sanlam Properties and listed on the JSE Limited from the commencement of business on Monday, 4 January 2010. Bellville 18 December 2009 Sponsor to Sanlam Deutsche Securities (SA) (Proprietary) Limited Attorneys to Sanlam Cliffe Dekker Hofmeyr Inc Date: 18/12/2009 13:01:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
