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SAP
SAVVI
SAP - Sappi Limited - Dealing in securities by directors of listed companies
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP & ISIN: ZAE000006284
("Sappi" or the "Company")
Stock Exchange Announcement
05 December 2007
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES
In terms of paragraph 3.63 of the Listing Requirements of the JSE Securities
Exchange, we hereby provide the following information regarding dealing in
securities of Sappi by directors of the Company and by directors of the
Company`s major subsidiary companies. The dealing which is in terms of the
Sappi Limited Share Incentive Scheme, and for which clearance was received in
terms of Listings Requirement 3.74, is as follows :
Director`s Name : Alan D Tubb
Company (Subsidiary) : Sappi Forest Products
Date of transactions : 4 December 2007
Nature of transaction No 1 : Sale of shares arising from exercise of
rights to shares in terms of the Sappi
Limited Share Incentive Scheme
Number of rights
Exercised/shares sold : 7 000
Dates rights granted : 9 January 1998 : R19,90 and price
Vesting period : Over 5 years
Selling Price : R94,00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Nature of transaction No 2 : Payment for shares arising from exercise of
rights to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights
exercised/shares acquired : 1. 200
2. 9 000
Dates rights granted : 1. 19 January 1998 : R19,90
and prices 2. 22 December 1999 : R53,85
Vesting period : Over 5 years
Class of security : Ordinary shares
Extent of interest : Direct beneficial
ldoc001jsetubbdec
Date: 05/12/2007 15:30:22 Produced by the JSE SENS Department.
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