SAPPI LIMITED - DIVIDEND NUMBER 80
SAPPI LIMITED
JSE Code: SAP
ISIN Code: ZAE000006284
DIVIDEND NUMBER 80
With reference to the dividend announcement of 10 November 2003, we set out
below the exchange rates to be applied for payment of the dividend :
US$1 - R 6,9025 (ie dividend R2,0017 per share)
US$1 - GBP0,5668 (ie dividend of GBP0,1644 per share).
The relevant dates pertaining to the dividend are as follows :
Last day to trade to qualify for dividend - Friday, 2 January 2004.
Date on which shares commence trading ex-dividend - Monday, 5 January 2004.
Deadline for South African nominee companies to submit details of the number
of shares held on behalf of South African resident and non-resident beneficial
shareholders so that dividend payments in United States Dollars and South
African Rands respectively may be calculated - 14h00 (South African time), 7
January 2004. (Note that there is no currency election). Dividends payable from
the Johannesburg transfer office will be paid in South African Rands
except that dividends paid to nominee shareholders in respect of shares which
they hold on behalf of non-residents of the Republic of South Africa will be
paid in United States Dollars.
Dividends payable from the London transfer office will be paid in British
pounds sterling or in the case of shareholders with registered addresses in the
USA, in United States Dollars.
Record date - Friday, 9 January 2004.
Payment date - Monday, 12 January 2004.
There will not be any de-materialisation nor re-materialisation of Sappi Limited
share certificates from Monday, 5 to Friday, 9 January 2004, both days
inclusive.
Sappi Management Services (Pty) Limited
Secretaries : per D J O"Connor
48 Ameshoff Street
Braamfontein, Johannesburg, 2001
Margaret Simmonds
Secretary to D J O"Connor
Sappi Limited (Reg.No. 1936/008963/06)
Tel +27 (0)11 407 8162
Fax +27 (0)11 403 1493
margarets@za.sappi.com
Date: 23/12/2003 02:52:02 PM Supplied by www.sharenet.co.za
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