Dealings in Securities SANTAM LIMITED (Incorporated in the Republic of South Africa) (Reg. No 1918/001680/06) (Share Code: SNT & ISIN: ZAE000093779) (“Santam” or “the company’) In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: DEALINGS IN SECURITIES Name of director : Ian Maxwell Kirk Category of person : Executive Director Date of transaction : 28 June 2013 Total number of units : 19 092 Market value per share : R166,57 Total deemed value : R3 180 154,44 Price paid at acceptance : R0.00 The nature and extent of the director's interest in the transaction: Direct beneficial Class of shares : Ordinary Nature of transaction : Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined retention and performance hurdles be met. Scheme Period: Five years Pre-Approval Obtained : Yes Person's name : Hendrik David Nel Category of person : Executive Director Date of transaction : 28 June 2013 Total number of units : 625 Market value per share : R166,57 Total deemed value : R104 106,25 Price paid at acceptance : R0.00 The nature and extent of the director's interest in the transaction: Direct beneficial Class of shares : Ordinary Nature of transaction : Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined retention and performance hurdles be met. Scheme Period: Five years Pre-Approval Obtained : Yes Person's name : Masood Allie Category of person : Company Secretary Date of transaction : 28 June 2013 Total number of units : 600 Market value per share : R166,57 Total deemed value : R99 942,00 Price paid at acceptance : R0.00 The nature and extent of the person's interest in the transaction: Direct beneficial Class of shares : Ordinary Nature of transaction : Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined retention and performance hurdles be met. Scheme Period: Five years Pre-Approval Obtained : Yes 28 June 2013 Sponsor: Investec Bank Limited Date: 28/06/2013 03:00:00 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.