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Fri 16 Feb 2007, 11:00 SAP - Sappi - Dealings in securities by directors
SAP
 SAVVI                                                                           
SAP - Sappi - Dealings in securities by directors                               
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          :    A Rossi                                           
Company (Subsidiary)     :    Sappi Forest Products (Pty) Limited               
Date of transaction      :    14 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    :    1 400                                             
Dates rights granted     :    24 February 1997 : R34.90                         
and price                                                                       
Vesting period           :    Over 5 years                                      
Selling price            :    R106,00                                           
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
16 February 2007                                                                
Sponsor                                                                         
UBS Warburg                                                                     
Date: 16/02/2007 11:00:00 Produced by the JSE SENS Department.                  
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