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Tue 19 Dec 2006, 14:36 INVS - Investec Bank - Declared Dividend on SAPIDB
JSE   SAPIDB
 INVS                                                                            
INVS - Investec Bank - Declared Dividend on SAPIDB Limited Enhanced Dividend    
                      Securities                                                
Investec Warrants                                                               
JSE SHARE CODE: SAPIDB                                                          
JSE ISIN CODE:  ZAE000087177                                                    
DECLARED DIVIDEND ANNOUNCEMENT ON SAPPI LIMITED ENHANCED DIVIDEND SECURITIES -  
("SAPIDB")                                                                      
With reference to the dividend announcement, the Directors of Sappi Limited have
declared a dividend of 210.71 cents per ordinary share based on an exchange rate
of US$1 = R7.0236, payable on Monday, 8 January 2007 to ordinary shareholders   
recorded in the books of the company at the close of business on Friday, 5      
January 2007.                                                                   
Accordingly, the warrant holders of the Enhanced Dividend Securities, SAPIDB,   
will receive a Sappi Limited dividend of 210.71 cents per security on Monday, 8 
January 2007, in terms of the Cession clause incorporated in the Supplement     
between the holders and Investec Bank Limited.  The last day to trade ("cum" the
dividend) in order to participate in the dividend will be Thursday, 28 December 
2006.                                                                           
SAPIDB Enhanced Dividend Securities will commence trading "ex" the dividend from
the commencement of business on Friday, 29 December 2006, and the record date   
will be Friday, 5 January 2007.                                                 
Copies of the offering circular may be obtained from:                           
Investec Bank Limited                                                           
100 Grayston Drive                                                              
Sandown                                                                         
Sandton                                                                         
2196                                                                            
For further information contact:                                                
Investec Warrants                                                               
Tel.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 19/12/2006 14:36:11 Produced by the JSE SENS Department.                  
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