Section 1

Fees currently applicable to Sanlam Share Account (Fees include VAT of 14% where applicable)

• The cost to hold shares (custody fee) in Sanlam Share Account on behalf of shareholders: Free
  
  
• Any transfer of shares to and from Sanlam Share Account if shares are sold or bought through Computershare's share dealing Service: Fee included in Computershare's administration fee for share dealing.
  
  
• Fees for share dealing through Computershare's share dealing service:
  
  
  • Basic administration fee: R131,10;
    
    
  • Brokerage: 0,25% of transaction value if transaction value exceeds R40000;
    
    
  • Uncertificated Securities Tax in the case of purchases: 0,25% of transaction value.
    
    
  • Bank charges for residual payment (if payment is more than R30,00) in respect of deposits made for share purposes: R25,75;
    
    
  • Cash deposit fees: R1,70 for every R100 or part thereof;
    
    
  • Unpaid cheque deposit fees: R55,00 for every inward unpaid cheque.
    
    
• Any transfer of shares between Sanlam Share Account and other CSD Participants and any transfer within Sanlam Share Account not representing change of ownership: R61.80 per transaction (excluding any fees charged by the other CSD Participant)
  
  
• Any transfer of shares to, from or within Sanlam Share Account pertaining to change of ownership: R103,00 per transaction, in other words R206,00 per transfer instruction.
  
  
• Issue of share certificates (rematerialisation): R294,00
  
  
• Stop payment and re-issue of cheque: R142.50 (if posted by ordinary mail. If mailed by registered mail at shareholder's request, an additional fee of R34,20 wil be payable).
  
  
• Payment of sales proceeds by cheque rather than direct bank transfer: R25.75. (Cheques mailed at shareholder's risk. If mailed by registered mail at shareholder's request: R34,20)