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 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 3.66, is as
follows:
Director"s Name : Jorg Passler
Company (Subsidiary) : Sappi International SA
Date of transaction : 15 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 : 3 200
Dates rights granted
and prices : 1. 2 000 on 30 December 2003 : R79,25
2. 1 200 on 13 December 2004 : R78,00
Vesting period : Over 5 years
Selling price : R110,00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Clearance obtained : Yes
17 November 2006
Date: 17/11/2006 03:24:02 PM Produced by the JSE SENS Department
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