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SLM - Sanlam Limited - Resolution of Sanlam Health legal action Sanlam Limited - Registered name: (Incorporated in the Republic of South Africa) Registration number 1959/001562/06 JSE share code: SLM NSX share code: SLA ISIN: ZAE000070660 ("Sanlam") RESOLUTION OF SANLAM HEALTH LEGAL ACTION Shareholders are referred to the legal action instituted by Topmed and Selfmed ("the schemes"), two medical aid schemes formerly administered by Sanlam Health up to December 1997, as reported in Sanlam`s 2009 annual and 2010 interim reports. The schemes instituted legal action against Sanlam Health claiming that they are entitled to share in profits accumulated by Sanlam Health during the period May 1975 to December 1997. The merit and quantum of the claims were referred for arbitration. Based on a final ruling received from the arbitrators, Sanlam has now made payments of R458m and R129m to Topmed and Selfmed respectively in full and final settlement of the matter. The payments were made from provisions recognised for this purpose in previously reported financial periods and will not have an impact on Sanlam`s reported results for the 2010 or 2011 financial years. Bellville 24 January 2011 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 24/01/2011 16:49:01 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.
