Directors’ and Company Secretary’s dealings in Sanlam securities 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”) Directors’ and Company Secretary’s dealings in Sanlam securities In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by directors and the Company Secretary in Sanlam securities: Director: JP Möller Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 39 414 Market value per share: R63.12 Total deemed value: R2 487 811.68 Price paid on delivery: Rnil The nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under the Restricted Share Plan to settle income tax obligation on vesting of shares On market/Off market trade: On Market Prior authority to transact Yes obtained: Director: IM Kirk Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 1 375 000 Market value per share: R nil (Conditional value of R86 625 000 based on closing price of R63.00 per share on 09 June 2016) Retention and performance period Five years and three months up to 31 March 2021 The nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre-determined performance hurdles be met over the period 01 January 2016 until 31 December 2020 On market/Off market trade: Off Market Prior authority to transact Yes obtained: Director: IM Kirk Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 59 754 Class of securities: Ordinary shares Nature of interest: Direct beneficial 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 performance hurdles be met Market value per share: R nil (Conditional value of R3 764 502 based on closing price of R63.00 per share on 09 June 2016) Retention and performance period Six years until 01 June 2022 On market/Off market trade: Off Market Prior authority to transact Yes obtained: Director: T Mvusi Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 38 348 Market value per share: R63,12 Total deemed value: R2 420 525.76 Price paid on delivery: Rnil The nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade: Off Market Prior authority to transact Yes obtained Director: T Mvusi Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 16 106 Class of securities: Ordinary shares Nature of interest: Direct beneficial Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares Market value of shares R63.12 Total transaction value: R1 016 620.72 On market/Off market trade: On Market Prior authority to transact Yes obtained: Name of director: T Mvusi Designation: Executive Director Date of transaction: 09 June 2016 Class of security: Ordinary shares 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 performance hurdles be met Retention and performance Six years up to 01 June 2022 period: Total number of units: 28 120 Nature and extent of director’s Direct beneficial interest: Total transaction value: R nil (Conditional value based on the closing market price of a Sanlam share of R63,00 amounts to R1 771 560) On market/Off market trade: Off Market Prior authority to transact Yes obtained: Director: S Bray Category of director: Group Company Secretary Date of transaction: 09 June 2016 Total number of units: 18 531 Market value per share: R63,12 Total deemed value: R1 169 676.72 Price paid on delivery: Rnil The nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade Off Market Prior authority to transact Yes obtained: Director: S Bray Category of director: Group Company Secretary Date of transaction: 09 June 2016 Total number of units: 18 531 Class of securities: Ordinary shares Nature of interest: Direct beneficial Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares and diversify portfolio Total transaction value: R1 169 676.72 On market/Off market trade On Market Prior authority to transact Yes obtained: Name of director: S Bray Designation: Group Company Secretary Date of transaction: 09 June 2016 Class of security: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan (approved long-term incentive plans) to receive fully paid-up shares in future should certain pre- determined performance hurdles be met Retention and performance Six years up to 01 June 2022 period: Total number of units: 14 060 Nature and extent of director’s Direct beneficial interest: Total transaction value: R nil (Conditional value based on the closing market price of a Sanlam share of R63.00 amounts to R885 780) On market/Off market trade Off Market Prior authority to transact Yes obtained: Name of director: Y Ramiah Designation: Executive Director Date of transaction: 09 June 2016 Class of security: Ordinary shares 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 performance hurdles be met Retention and performance Six years up to 01 June 2022 period: Total number of units: 27 979 Nature and extent of director’s Direct beneficial interest: Total transaction value: R nil (Conditional value based on the closing market price of a Sanlam share of R63.00 amounts to R1 762 677) On market/Off market trade Off Market Prior authority to transact Yes obtained: Director: Y Ramiah Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 26 932 Market value per share: R63,12 Total deemed value: R1 699 947.84 Price paid on delivery: Rnil The nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade Off Market Prior authority to transact Yes obtained: Director: Y Ramiah Category of director: Executive Director Date of transaction: 09 June 2016 Total number of units: 11 311 Class of securities: Ordinary shares Nature of interest: Direct beneficial Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares Total transaction value: R713 978.09 On market/Off market trade On Market Prior authority to transact Yes obtained: Bellville 14 June 2016 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 14/06/2016 05:00:00 Produced by the JSE SENS Department. 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