SAPPI LIMITED - SAPPI LIMITED DIVIDEND NUMBER 81
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP ISIN: ZAE000006284)
(`Sappi` or the `Company`)
DIVIDEND EXCHANGE RATE
With reference to the dividend announcement of 8 November 2004, we set out below
the exchange rates to be applied for payment of the dividend :
US$1 - R5.6678 (ie dividend R1,7003 per share)
US$1 - GBP0,5169 (ie dividend of GBP0,1551 per share).
The relevant dates pertaining to the dividend are as follows :
Last day to trade to qualify for dividend - Friday, 31 December 2004.
Date on which shares commence trading ex-dividend - Monday, 3 January 2005.
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 and South African Rands and United
States Dollars respectively may be calculated - 12h00 (South African time),
Tuesday 4 January 2005. (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, 7 January 2005.
Payment date - Monday, 10 January 2005.
There will not be any de-materialisation nor re-materialisation of Sappi share
certificates from Monday, 3 to Friday, 7 January 2005, both days inclusive.
Johannesburg
21 December 2004
Sappi Management Services (Pty) Limited
Secretaries : per D J O`Connor
48 Ameshoff Street
Braamfontein, Johannesburg, 2001
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
