Business News

Sappi Dealing in Securities by Directors of Listed Companies

Wednesday 11. March 2009 - 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 (NYSE:SPP) by a director of the Company.

Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows:

Director’s Name: R J Boettger

Company: Sappi Limited

Date of transaction: 10 March 2009

Nature of transaction: Purchase of shares

Number of Shares purchased: 8 000

Purchase price per share: R13,42

Class of security: Ordinary shares

Extent of interest Direct beneficial