Trading Statement – 6 months to 30 June 2013 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” or “the Group”) Trading Statement – 6 months to 30 June 2013 In terms of section 3.4(b) of the JSE Listings Requirements Sanlam shareholders are advised that the Group’s Headline Earnings per share and Earnings per share for the six months ended 30 June 2013 are expected to exceed that reported in respect of the corresponding period in 2012 by between 35% and 45%. Normalised Headline Earnings per share are expected to be up between 30% and 40%. This outperformance is in part due to exceptional items, including certain one off positive investment revaluations of some R200 million in the current reporting period and the discontinuance of the charge in Group earnings for Secondary Tax on Companies following its replacement with a dividend withholding tax. The information in this trading statement has not been reviewed or reported on by Sanlam's external auditors. Sanlam’s results for the six months ended 30 June 2013 are due to be released on 5 September 2013. For further information on Sanlam, please visit our website at www.sanlam.co.za Bellville 13 August 2013 Sponsor Deutsche Securities (SA) Proprietary Limited 1 Date: 13/08/2013 09:09:00 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.