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SAP - Sappi - Dealing in securities by a Director of listed companies Sappi Limited (Registration number 1936/008963/06) (Incorporated in the Republic of South Africa) Share code: SAP ISIN: ZAE000006284) ("Sappi" of the Company") DEALING IN SECURITIES BY A DIRECTOR OF LISTED COMPANIES In terms of paragraph 3.66 of the Listings Requirements of the JSE Limited, we hereby provide the following information regarding dealing in securities of Sappi by a director of the Company and by directors of the Company`s major subsidiary companies. 1. Director`s Name : Eugene van As Company : Sappi Limited Date of transaction : 21 December 2006 Nature of transaction : Sale of shares Number of shares : 86 500 Selling price : R118,03 Class of security : Ordinary shares Extent of interest : Indirect beneficial 2. Director`s Name : Hugh Martin Company : Sappi Papier Holding GmbH Date of transaction : 21 December 2006 Nature of transaction : Sale of shares Number of shares : 25 174 Selling price : R117,92 Class of security : Ordinary shares Extent of interest : Direct beneficial 3. Director`s Name : H Gebreiter Company : Sappi Fine Paper Europe Date of transaction : 21 December 2006 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 : 12 300 Offer Date Offer Selling
Price Price Date rights 1. 5 100 on 30 December R79,25 R117,42 granted 2003 and prices 2. 7 200 on 13 December R78,00 R117,42 2004 Vesting period : 1. Over 5 years : 2. Over 4 years Class of security : Ordinary shares Extent of interest : Direct beneficial Clearance to deal in terms of Listings Requirement 3.66 : Yes Johannesburg 27 December 2006 Sponsor: UBS Warburg Date: 27/12/2006 14:52:22 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.
