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Tue 24 Nov 2015, 13:10 SAPPI LIMITED - Dealings In Securities By Directors Of Listed Companies
SAP 201511240030A
Dealings In Securities By Directors Of Listed Companies

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284

(‘Sappi’ or ‘the company’)

24 November 2015



DEALINGS 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 directors of the Company
and its major subsidiaries. The dealing was on-market and clearance for the dealing was
received in terms of Listings Requirement 3.66, as follows:


 Director’s name                   : C M Mowatt

 Company (Subsidiary)              : Sappi Southern Africa

 Date of transaction               : 23 November 2015

 Nature of transaction             : Sale of shares (on-market) arising from exercise of
                                     rights to shares in terms of the Sappi Limited Share
                                     Incentive Scheme

 Number of rights                  : 5 000 shares
 exercised/shares sold

 Average selling price per         : R62.9792 (high R62.99; low R62.94)
 share

 Total value                       : R314 896.00


   A J Tregoning
   Group Secretary & Corporate Counsel
   Sappi Limited
   Tel +27 (0)11 407 8174; Fax +27 (0)11 339 1881
   Amanda.tregoning@Sappi.com

   Sponsor : UBS South Africa (Pty) Ltd

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