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Mon 12 Feb 2007, 7:10 SAP - Sappi Limited - Dealing In Securities By Dir
SAP
 SAVVI                                                                           
SAP - 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 one of the Company`s major subsidiary companies.         
Clearance for the dealing was received in terms of Listings Requirement 3.66, as
follows:                                                                        
Director`s Name               :    Alan Tubb                                    
Company (Subsidiary)          :    Sappi Forest Products (Pty) Limited          
Date of transaction           :    8 February 2007                              
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         :    2 000                                        
Dates rights granted          :    24 February 1997 : R34.90 and price          
Vesting period                :    Over 5 years                                 
Selling price                 :    R100,00                                      
Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
9 February 2007                                                                 
Sponsor:                                                                        
UBS Warburg                                                                     
Date: 12/02/2007 07:10:04 Produced by the JSE SENS Department.
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