JSE
INVS                                                                            
SLMIDH - Investec Warrants - Declared Dividend Announcement On Sanlam Limited   
              Enhanced Dividend Securities - ("SLMIDH")                         
INVESTEC WARRANTS                                                               
JSE SHARE CODE:  SLMIDH                                                         
JSE ISIN CODE:  ZAE000144960                                                    
DECLARED DIVIDEND ANNOUNCEMENT ON SANLAM LIMITED ENHANCED DIVIDEND SECURITIES - 
("SLMIDH")                                                                      
With reference to the dividend announcement, the Directors of Sanlam Limited    
have declared an ordinary dividend of 104 cents per ordinary share payable on   
Wednesday, 05 May 2010 to ordinary shareholders recorded in the books of the    
company at the close of business on Friday, 23 April 2010.                      
Accordingly, the warrant holders of the Enhanced Dividend Securities, SLMIDH,   
will receive a Sanlam Limited dividend of 104 cents per security on Wednesday,  
05 May 2010, in terms of the Cession clause incorporated in the Supplement      
between the holders and Investec Bank Limited.  The last day to trade ("cum" the
dividend) in order to participate in the dividend will be Friday, 16 April 2010.
SLMIDH Enhanced Dividend Securities will commence trading "ex" the dividend from
the commencement of business on Monday, 19 April 2010, and the record date will 
be Friday, 23 April 2010.                                                       
Copies of the offering circular may be obtained from:                           
Investec Bank Limited                                                           
100 Grayston Drive                                                              
Sandown                                                                         
Sandton                                                                         
2196                                                                            
For further information contact:                                                
Investec Warrants                                                               
Tel.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 18/03/2010 14:06:02 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.