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’)

23 November 2015

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                   : T S Hawkes

 Company (Subsidiary)              : Sappi Southern Africa

 Date of transaction               : 20 November 2015

 Nature of transaction             : Sale of shares (on-market) arising from exercise of
                                     rights to shares in terms of the Sappi Limited Share
                                     Option Scheme

 Number of rights                  : 7 260
 exercised/shares sold

 Dates rights granted and          : 12 December 2007 : R52.57 – 7 260 rights
 price

 Vesting period                    : Over 4 years expiring after 8 years

 Selling price per share           : R62.00

 Total value                       : R450 120,00

   A J Tregoning
   Group Secretary & Corporate Counsel
   Sappi Limited
   Tel +27 (0)11 407 8174; Fax +27 (0)11 339 1881
   Amanda.tregoning@Sappi.com

   Sponsor : UBS South Africa (Pty) Ltd

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