Dealings by shareholder approved Share Incentive Scheme 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 shareholder approved Share Incentive Scheme 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 and Performance Deferred Share Plan (long-term incentive scheme plans) Date of transaction: 6 June 2018 Total number of shares: 500 000 VWAP price per share: R76.0977 Highest price per share: R76.46 Lowest price per share: R71.50 Total transaction value: R38 048 844.31 Date of transaction: 7 June 2018 Total number of shares: 1 638 500 VWAP price per share: R73.3446 Highest price per share: R75.68 Lowest price per share R71.14 Total transaction value: R120 175 049.93 Date of transaction: 8 June 2018 Total number of shares: 1 336 000 VWAP price per share: R72.9846 Highest price per share: R74.12 Lowest price per share R71.20 Total transaction value: R97 507 364.83 Date of transaction: 11 June 2018 Total number of shares: 1 535 842 VWAP price per share: R74.1017 Highest price per share: R74.75 Lowest price per share R72.82 Total transaction value: R113 808 521.02 Bellville 12 June 2018 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 12/06/2018 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.