Sanlam - Embedded value of covered business

	Investor Relations About Sanlam Financial Results Annual Results 2012 Annual Results 2011 Annual Results 2010 Annual Results 2009 Annual Results 2008 Annual Results Interim Results 2012 Interim Results 2011 Interim Results Salient Results Executive Review Comments Shareholders' Fund Information Embedded value of covered business 2010 Interim Results 2009 Interim Results 2008 Interim Results Operational Update Consensus Estimates Credit Ratings Presentations News Releases Archive Annual Reports Annual Reports Archive Sanlam Life Annual Report King III checklist Sustainability Report Shareholders Diary Annual General Meeting Sanlam Shares ADR Holders Roles of the Depository bank FAQ Contact Us Economic Information Economic Commentary About Jac Laubscher Comment on an Article Economic Reports National Budget 2012 National Budget Archive National Budget 2011 National Budget 2010 National Budget 2009 National Budget 2008 Inflation History	Embedded value of covered business Embedded value of covered business Change in embedded value of covered business Value of New Business Notes to the embedded value of covered business to top to top to top to top Content within this section:

Embedded value of covered business