SAPPI LIMITED - DIRECTORS DEALING IN SECURITIES
SAPPI LIMITED
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP ISIN: ZAE000006284)
(Sappi or the Company)
DIRECTORS DEALING IN SECURITIES
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities
Exchange, we hereby provide the following information regarding dealing in
securities of Sappi by a director of one of the Companys 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
3.66, is as follows :
Directors Name : Mark T Becker
Company (Subsidiary) : Sappi Fine Paper North America
Date of transaction : 13 May 2004
Sale of shares arising from exercise of options in terms of the Sappi Limited
Share Incentive Scheme
Number of options exercised /
shares sold : 9 000
Dates rights granted and : 1 March 2000 : R52,50 (5 000 options)
price 15 January 2001: R49,00 (4 000 options)
Vesting period : Over 5 years
Selling price : R94,00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Directors Name : Mark T Becker
Company (Subsidiary) : Sappi Fine Paper North America
Date of transaction : 13 May 2004
Sale of shares acquired in terms of the Sappi Limited Share Incentive Scheme
Number of shares sold : 5 000
Dates rights granted and : 1 March 2000 :R52,50
price
Vesting period : Over 5 years
Selling price : R94,00
Class of security : Ordinary shares
Extent of interest : Direct beneficial.
14 May 2004
Date: 14/05/2004 03:55:08 PM Produced by the JSE SENS Department
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