Fees and Costs

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 selling through Computershare's share dealing service:
• R0.01 – R40 000.00 = R131.10;
• R40 000.01 + = R115.00 (admin fee) + 0.25% + VAT
• Fees for buying through Computershare’s share-dealing service:
• Securities Transfer 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 purchases: R26.50;
• Cash Deposit Fees: R2.05 for every R100 or part thereof with a minimum of R7.50;

Other fees applicable:

• Unpaid Cheque Deposit Fees: R67.70 for every inward unpaid cheque.
• Any portfolio move 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 : R91.20 per transaction in other words R182.40.
• Issue of share certificates (rematerialisation): R627.00
• Stop payment and re-issue of cheque : R162.00 (if posted by ordinary mail. If mailed by registered mail at shareholder’s request, an additional fee of R40.00 will be payable)
• Cheque deposit fee: R5.00
• Issuing of duplicate transaction advice: R37.00