SAPPI LIMITED - DEALINGS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES

DEALINGS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES

Sappi Limited                                                             
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
(“Sappi” or “the Company”)


DEALINGS 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 directors of
the Company and its major subsidiaries. The dealing was on-market and clearance for
the dealing was received in terms of Listings Requirement 3.66, as follows:



Director’s name                        :   M van Hoven

Company (Subsidiary)                   :   Sappi North America

Date of transaction                    :   12 February 2018

Nature of transaction                  :   On-market purchase of shares

Number of shares purchased             :   3 179

Highest price per share                :   R81.06
purchased

Lowest price per share                 :   R80.56
purchased

Volume-weighted average price          :   R81.0549
of shares purchased

Total value                            :   R257 673.53

Class of security                      :   Ordinary shares

Extent of interest                     :   Direct beneficial


Johannesburg
13 February 2018

Sponsor : UBS South Africa (Pty) Ltd

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