November 25, 2009

Deutsche Bank appointed as depositary bank for the American Depositary Receipt program of Sanlam Limited

Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Sanlam Limited (Sanlam).

Sanlam is a leading financial services group in South Africa providing financial solutions to individual and institutional clients. From a life insurance company, established in 1918, it has grown into a diversified one-stop financial services group. Sanlam’s vision is to be the leader in wealth creation and protection in South Africa, leading that process in the emerging markets and playing a niche role in the developed markets. Sanlam’s head office is located in Bellville (near Cape Town), with offices throughout South Africa and business interests elsewhere in Africa, Europe, India and Australia.*

Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are delighted to be appointed depositary bank for Sanlam’s sponsored ADR program. Utilizing Deutsche Bank’s specialized services, we look forward to working with Sanlam to help enhance its ADR investor relations and develop the program.”

For further information, please call:

Deutsche Bank:

Libby Young                       
+44 (0) 20 7545 6941
Press Office

John Gallagher                
+1 212 250 4516
Press Office

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,530 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Trust & Securities Services

Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets. Additional details are available on 

*Source: Sanlam Limited (November 2009)

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© November 2009 Deutsche Bank AG. All rights reserved.