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Mon 19 Dec 2011, 15:49 SAP - Sappi Limited - Dealing in securities by directors of listed
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); NYSE code SPP                                              
("Sappi" or the "Company")                                                      
Dealing in securities by directors of listed companies                          
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited,     
we hereby provide the following information regarding dealing in securities     
of Sappi by a director of one of the Company`s major subsidiary companies.      
Clearance for the dealings was received in terms of Listings Requirement        
3.66, as follows:                                                               
Director`s Name          :    J Miller                                          
Company (Subsidiary)     :    Sappi Fine Paper North America,                   
Date of transaction      :    15 December 2011                                  
Nature of transaction    :    Sale of shares                                    
Number of shares sold    :    12 348                                            
Selling price            :    3,036 @ R24.11                                    
                             2,664 @ R24.12                                     
                             955 @ R24.09                                       
                             3,991 @ R24.08                                     
1,702 @ R24.13                                     
Total value              :    R297,632.13                                       
Method of trade          :    On market                                         
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
Denis O`Connor                                                                  
Group Secretary                                                                 
Sappi Limited                                                                   
Tel +27 (0)11 407 8072                                                          
Fax +27 (0)11 339 1881                                                          
denis.oconnor@sappi.com                                                         
19 December 2011                                                                
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 19/12/2011 15:49:04 Produced by the JSE SENS Department.                  
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