SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTORS
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP ISIN: ZAE000006284)
(`Sappi` or the `Company`)
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraph 3.63 of the Listing Requirements of the JSE Securities
Exchange South Africa, we hereby provide the following information regarding
dealing in securities of Sappi by a director of one 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 3.66, is as follows :
Director`s Name : Jan Harm Labuschagne
Company (Subsidiary) : Sappi Forest Products (Pty) Limited
Date of transaction : 15 September 2004
Nature of transaction : Sale of shares arising from exercise of
rights to shares in terms of the Sappi
Limited Share Incentive Scheme
Number of rights : 1) 1 200
exercised/shares sold : 2) 2 000
: 3) 1 000
Dates rights granted : 1) 11 December 1998 : R22,10
and prices : 2) 22 December 1999 : R53,85
: 3) 15 January 2001 : R49,00
Vesting period : Over 5 years
Selling price : R91,80
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Date: 16/09/2004 03:44:55 PM
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