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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 Listings Requirements of the JSE Limited, we
hereby provide the following information regarding dealing in securities of
Sappi by a director of the Company and by directors of a major subsidiary. 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 William Turner
Company : Sappi Fine Paper
Date of transaction : 14 November 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 : 23 000
Offer Date Offer Selling
Price Price
Date rights 1. 1 204 on 22 December 1999 R53,85 R111,01
granted
and prices 2. 1 914 on 22 December 1999 R53,85 R111.00
3. 2 854 on 22 December 1999 R53,85 R110,50
4. 2 947 on 22 December 1999 R53,85 R111,50
5. 1 655 on 22 December 1999 R53,85 R111,60
6. 1 210 on 22 December 1999 R53,85 R111,20
7. 1 001on 22 December 1999 R53,85 R110,80
8. 940 on 22 December 1999 R53,85 R110,22
9. 940 on 22 December 1999 R53,85 R111,38
10. 324 on 22 December 1999 R53,85 R111,95
11. 11 on 22 December 1999 R53,85 R111,45
12. 230 on 15 January 2001 R49,00 R110,30
13. 433 on 15 January 2001 R49,00 R111,65
14. 733 on 15 January 2001 R49,00 R111,55
15. 55 on 15 January 2001 R49,00 R111,59
16. 60 on 15 January 2001 R49,00 R111,32
17. 880 on 15 January 2001 R49,00 R111,30
18. 9 on 15 January 2001 R49,00 R111,45
19. 233 on 15 January 2001 R49,00 R111,90
20. 893 on 15 January 2001 R49,00 R111,40
21. 151 on 15 January 2001 R49,00 R110,90
22. 316 on 15 January 2001 R49,00 R110,95
23. 941 on 15 January 2001 R49,00 R111,01
24. 689 on 15 January 2001 R49,00 R110,64
25. 774 on 15 January 2001 R49,00 R110,65
26. 678 on 15 January 2001 R49,00 R110,60
27 925 on 15 January 2001 R49,00 R110,20
Vesting period : Over 5 years
Class of security : Ordinary shares
Extent of interest : Direct beneficial
16 November 2006
Date: 16/11/2006 02:35:07 PM Produced by the JSE SENS Department
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