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 Listing Requirements of the JSE Limited, we
hereby provide the following information regarding dealing in securities of
Sappi by directors of the Company and by directors 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 : Michael Spallart
Company (Subsidiary) : Sappi Forest Products
Date of transaction : 6 September 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 : 1. 2 400
2. 3 600
3. 6 000
4. 2 000
14 000
Dates rights granted
and prices : 1. 19 January 1998 : R19,90
11 December 1998 : R22,10
22 December 1999 : R53,85
15 January 2001 : R49,00
Vesting period : Over 5 years
Selling price : R92,50
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Johannesburg
7 September 2006
Sponsor: UBS Warburg
Date: 07/09/2006 04:56:08 PM Produced by the JSE SENS Department
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