Handing in your share certificate for transfer to Sanlam Share Account (no change in ownership)

If you hold your shares by means of a certificate and you wish to transfer them to Sanlam Share Account, you have to send your certificate to Computershare by registered mail with your written request that the shares be dematerialised into Sanlam Share Account. You must also provide the additional information and/or documentation as set out in section 2.

Transfer from or to Sanlam Share Account to or from a nominee company in another CSDP (with or without change in beneficial ownership)

In the event of such a transfer, a written request must be forwarded to Computershare with the necessary additional information and/or documentation as set out in section 2 and the applicable costs set out in section 1.

If any of the parties is a registered stockbroker or CSDP, this information/these documents will not be required for the stockbroker or CSDP.

Issue of share certificates in own name (no change in ownership)

If your shares are held in Sanlam Share Account and for some reason you wish to have a share certificate issued in your own name, you will have to request Computershare in writing to issue such a certificate. Make sure that you include the additional information and/or documentation as set out in section 2.

See section 1 for the fee payable in such an event and remember that you will first have to dematerialise these shares before you will be able to sell them on the JSE/NSX.

Transfers to a trust

No transfers to trusts can be effected. In terms of Sanlam's articles of association, Sanlam does not recognise a trust as being a holder of shares and a trust will not be entered as a shareholder in Sanlam's share register, notwithstanding the possibility that such shares might in actual fact be held in trust.

Where Sanlam shares are held in trust, the shares must be registered in Sanlam's share register in the name of one or more persons (natural persons or legal persons such as companies) who hold the shares in trust, but without the fact being mentioned that they are holding the shares in trust.

If, for administrative purposes, you wish to separate shares held in trust from other shares, you may provide Computershare with a separate, different address for the shares held in trust - for example Care of John Public Trust, 16 Sample Street, Sample City.

Because of the separate address, the shares held in trust will then be registered separately and with a separate shareholder reference number.