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Sappi appoints new non-executive director

Release Date: 08/12/2003 13:00
Code(s): SAP
Wrap Text

Sappi appoints new non-executive director Sappi Limited (Registration number 1936/008963/06) (Incorporated in the Republic of South Africa) Share code: SAP ISIN: ZAE000006284) ("Sappi") Sappi appoints new non-executive director Global pulp and paper group Sappi announced today that Mr. Helmut Mamsch has been appointed to the Sappi board as a non-executive director from 01 January 2004. Mr. Mamsch, who is a German national, has had wide experience in trading and industry in Europe, Asia and the USA. Until his retirement he was Management Board member of Veba AG. responsible for their US Electronic Material businesses as well as Corporate strategy and development. His other directorships include the deputy chairman of LogicaCMG plc, the RMC Group plc and GKN plc. Johannesburg 8 December 2003 NOTE TO THE EDITORS: Abbreviated CV of Mr. Mamsch. Mr Mamsch studied economics at the Bremen School of Foreign Trade and also received training in business administration and shipping in Germany, the UK and Belgium. He worked for 20 years for Continho Caro & Co. He joined the Management Board in 1986 with responsibility for international trade and shipping. Concurrently he joined the Management of McDermott International based in New Orleans after the latter acquired Continho Caro. In 1989 he moved to VEBA AG, one of Germany"s largest utility-based conglomerates until 1996. He was Chairman of Raah Karcher AG, a VEBA subsidiary. Concurrently from 1991-1993 he was a Board member of VEBA Oel AG. From 1996-1998 he was Chairman of the Management Board of Stinnes AG, the trading and transportation subsidiary of VEBA. Concurrently from 1993-2000 he was a VEBA AG Management Board member, as from 1998 responsible for their US Electronic businesses, Corporate Strategy and Development. In 1997 he joined Logica as non-executive director and in 2002 was appointed deputy chairman. He is also a former Supervisory Board member of Commerzbank AG, Degussa AG, Steag AG and former chairman of MEMC Inc. For further information: Andre F Oberholzer Corporate Affairs & Communications Manager Sappi Limited (Reg.No. 1936/008963/06) Tel +27 (0)11 407 8044 Fax +27 (0)11 403 8236 Mobile +27 (0)82 906 0638 andre.oberholzer@sappi.com Date: 08/12/2003 01:00:04 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department