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SAP
SAVVI
Sappi Limited - Dealing in securities by directors of listed companies
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 OF LISTED COMPANIES
In terms of paragraph 3.63 of the Listing Requirements of the JSE Limited, 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 3.74, is as
follows:
Director"s Name : Hugh Martin
Company (Subsidiary) : Sappi Papier Holding GmbH
Date of transaction : 17 May 2006
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
exercised/shares sold : 63 000
Offer Selling
Price Price
Dates rights granted 1. 6215 on 24 February 1997:R34,90 R82,50
and prices 2. 1785 on 24 February 1997:R34,90 R82,55
3. 1055 on 19 January 1998 :R19,90 R82,55
4. 400 on 19 January 1998 :R19,90 R82,60
5. 200 on 19 January 1998 :R19,90 R82,61
6. 4959 on 19 January 1998 :R19,90 R83,75
7. 2041 on 19 January 1998 :R19,90 R83,90
8. 6345 on 19 January 1998 :R19,90 R84,00
9. 15000 on 11 December 1998:R22,10 R84,00
10. 15000 on 22 December 1999:R53,85 R84,00
11. 10000 on 15 January 2001 :R49,00 R84,00
Vesting period : Over 5 years
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Johannesburg
19 May 2006
Sponsor: UBS
Date: 19/05/2006 11:47:07 AM Produced by the JSE SENS Department
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