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Thu 10 Aug 2006, 16:29 Sappi - Dealing In Securities By Directors Of List
SAP
 SAVVI                                                                           
Sappi - 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 Listings Requirements of the JSE Limited, we  
hereby provide the following information regarding dealing in securities of     
Sappi by a director of the Company.  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          :    John Leonard Job                                  
Company                  :    Sappi Limited                                     
Date of transaction      :    8 August 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    :    99 000                                            
                                              Offer Price  Selling              
                                                           Price                
Date rights         1.     43 241 on 9 June   R39,00       R89,31               
granted                    1999                                                 
and prices          2.     759 on 9 June      R39,00       R89,46               
                           1999                                                 
                    3.     849 on 22          R53,85       R89,45               
December 1999                                        
                    4.     5 511 on 22        R53,85       R89,50               
                           December 1999                                        
                    5.     835 on 22          R53,85       R89,59               
December 1999                                        
                    6.     1 680 on 22        R53,85       R89,60               
                           December 1999                                        
                    7.     2 495 on 22        R53,85       R89,63               
December 1999                                        
                    8.     13 447 on 22       R53,85       R89,40               
                           December 1999                                        
                    9.     3 795 on 22        R53,85       R89,55               
December 1999                                        
                    10.    1 036 on 22        R53,85       R89,04               
                           December 1999                                        
                    11.    175 on 22          R53,85       R89,41               
December 1999                                        
                    12.    177 on 22          R53,85       R89,38               
                           December 1999                                        
                    13.    11 370 on 15       R49,00       R89,00               
January 2001                                         
                    14.    1 262 on 15        R49,00       R89,63               
                           January 2001                                         
                    15.    3 on 15 January    R49,00       R89,46               
2001                                                 
                    16.    750 on 15 January  R49,00       R89,38               
                           2001                                                 
                    17.    1 681 on 15        R49,00       R89,69               
January 2001                                         
                    18.    2 083 on 15        R49,00       R89,70               
                           January 2001                                         
                    19.    1 192 on 15        R49,00       R89,35               
January 2001                                         
                    20.    3 500 on 15        R49,00       R89,15               
                           January 2001                                         
                    21.    1 600 on 15        R49,00       R89,10               
January 2001                                         
                    22.    1 559 on 15        R49,00       R89,05               
                           January 2001                                         
Vesting period           :    Over 5 years                                      
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
10 August 2006                                                                  
Sponsor:  UBS Warburg                                                           
Date: 10/08/2006 04:29:45 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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