AMENDMENT TO DEPOSIT AGREEMENTDeposit Agreement • October 6th, 2014 • Deutsche Bank Trust Co Americas/ ADR Group • New York
AMENDMENT dated as of , 2014 (the "Amendment") to the Deposit Agreement dated as of November 25, 2009 (the "Deposit Agreement") among (i) Sanlam Limited, a company incorporated under the laws of the Republic of South Africa, and its successors (the "Company"), (ii) Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank A.G., acting in its capacity as depositary, and any successor depositary hereunder (the "Depositary"), and (iii) all Holders and Beneficial Owners of American Depositary Shares evidenced by American Depositary Receipts issued thereunder .
