Appointment to the board of directors Sanlam Limited (Incorporated in the Republic of South Africa) Registration number 1959/001562/06 JSE share code: SLM NSX share code: SLA ISIN: ZAE000070660 SANLAM LIMITED - APPOINTMENT TO THE BOARD OF DIRECTORS In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that Mr Arun Duggal has been appointed to the Sanlam Ltd and Sanlam Life Insurance Ltd boards as an Independent Non-Executive Director with effect from 15 January 2013. Arun is Chairman of the board of directors of Shriram Capital, Shriram Transport Finance Company, Shriram Properties, and Shriram City Union Finance. He is also the Chairman of Bellwether Microfinance Fund and the Vice-Chairman of International Asset Reconstruction Company. His other directorships include: Jubilant Energy, Netherlands, L & T Mutual Fund Trustee Limited, Zuari Agro Chemicals Limited, Info Edge, Dish TV, Adani Port & SEZ; Carzonrent (India) Pvt. Ltd., Mortice Limited (Singapore). He is also a member of the Investment Committee of Axis Private Equity. He is a Visiting Professor at the Indian Institute of Management, Ahmedabad where he teaches a course on Venture Capital & Private Equity. He is an experienced international banker and has advised companies and financial institutions on financial strategy, mergers, acquisitions and capital raising. Arun‘s career with Bank of America spanned 26 years, based across the US, Hong Kong and Japan, with his last role being that of Chief Executive of Bank of America in India from 1998 to 2001. Having initially qualified as a mechanical engineer from the prestigious Indian Institute of Technology, Delhi, Arun also holds an MBA from the Indian Institute of Management, Ahmedabad. Bellville 16 January 2013 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 16/01/2013 01:30:00 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.