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 dealings were on-market and clearance for
the dealings were received in terms of Listings Requirement 3.66, as follows:


 Director’s name              :       Mr A van C Thiel

 Company of which he is       :       Sappi Southern Africa Limited
 a director

 Nature of transaction        :       Sale of shares (on market) to settle tax liability arising
                                      from vesting of conditional share awards as per SENS
                                      announcement previously issued by Sappi Limited

 Date of transaction          :       13 February 2018

 Number shares sold           :       23 738

 Volume-weighted              :       R81,8040 (low R81.84; high R81.80)
 average price per share

 Total Value                  :       R1 941 863.35

 Class of security            :       Ordinary shares

 Extent of interest           :       Direct beneficial



Johannesburg
1 March 2018


Sponsor: UBS South Africa (Pty) Ltd

Date: 01/03/2018 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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