Dealings by Sanlam Limited Share Incentive Trust 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”) Dealings by Sanlam Limited Share Incentive Trust in Sanlam Securities In compliance with paragraph 3.92 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by trustees in Sanlam securities on behalf of the Sanlam Limited Share Incentive Trust for which prior authority to transact was obtained: Name of scheme: Sanlam Limited Share Incentive Trust Nature of transaction: On-market purchase of ordinary shares in Sanlam Limited Nature of agreement: Purchase of ordinary shares for future delivery to nominated participants under shareholder approved Deferred Share Plan (long-term incentive scheme) Date of transaction: 8 June 2016 Total number of shares: 1 576 923 VWAP price per share: R64.3463 Highest price per share: R65.35 Lowest price per share R62.43 Total transaction value: R101 469 160.43 Date of transaction: 9 June 2016 Total number of shares: 1 693 430 VWAP price per share: R63.2110 Highest price per share: R63.83 Lowest price per share R62.51 Total transaction value: R107 043 403.73 Date of transaction: 10 June 2016 Total number of shares: 1 781 952 VWAP price per share: R62.3639 Highest price per share: R62.80 Lowest price per share R61.33 Total transaction value: R111 129 476.33 Date of transaction: 13 June 2016 Total number of shares: 1 445 028 VWAP price per share: R62.0388 Highest price per share: R62.90 Lowest price per share R61.32 Total transaction value: R89 647 803.09 Bellville 14 June 2016 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 14/06/2016 05:01:00 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.