SAPPI LIMITED - Sappi confirms disposal of Nijmegen Mill

Sappi confirms disposal of Nijmegen Mill

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")


Media Release
Johannesburg, 17 June 2014

Sappi confirms disposal of Nijmegen Mill

With reference to the announcement made on 30 September 2013 about the future of the
Sappi Nijmegen Mill, Sappi wishes to confirm that it has reached an agreement to dispose of
the mill to an affiliate of American Industrial Acquisition Corporation (“AIAC”). The new name
of the Sappi Nijmegen Mill is Innovio Papers. It will manufacture specialty paper and will no
longer be engaged in the coated graphic paper business. A transfer plan is being arranged
with current graphic paper customers. The transaction is effective as of 16 June 2014. The
disposal is not categorisable in terms of section 9.5 of the JSE Listings Requirements.

ENDS

Sponsor: UBS South Africa (Pty) Ltd

NOTE TO EDITORS:
Based in New York, NY, AIAC is a group of sixty manufacturing sites with over 9,500
employees in eighteen countries in North America, Europe, Africa, and Asia. Total annual
revenues are in excess of US$1.5 billion. AIAC has purchased units of Boeing, Siemens,
Northrop Grumman, Lockheed Martin, United Technologies, Ingersoll-Rand, Johnson
Controls, Ahlstrom, Novelis, Kodak, Jabil Circuit, and other large public corporations.

Sappi Limited (JSE: SAP), is a global company focused on dissolving wood pulp, paper pulp
and paper-based solutions to our direct and indirect customer base in over 100 countries
around the world. Headquartered in Johannesburg, South Africa, with over 14,000
employees and manufacturing operations on three continents in seven countries, sales
offices in 50 countries, and group sales of US$6 billion. Learn more about Sappi at
www.sappi.com.
                                                                     




For further information                   Issued by
André F Oberholzer                        Brunswick
Group Head Corporate Affairs              on behalf of Sappi Limited
Sappi Limited                             Tel + 27 (0) 11 502 7300
Tel +27 (0)11 407 8044
Mobile +27 (0)83 235 2973
Andre.oberholzer@sappi.com

Sophie de Guignard
Acting Corporate Communications Manager
Sappi Europe SA
Tel +3226769735
Mobile +33 6 0725 1414
Sophie.deGuignard@sappi.com

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