Sappi Limited - Dealing In Securities By Director

Sappi Limited - Dealing In Securities By Director                               
Sappi Limited                                                                   
(Registration number 1936/008963/06)                                            
JSE Code: SAP                                                                   
ISIN Code: ZAE000006284                                                         
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
In terms of paragraph 3.72 of the listing requirements of the JSE Securities    
Exchange, we hereby provide you with the following information regarding dealing
in securities of Sappi by directors of the Company, viz:                        
Director                      :    Monte Roy Haymon                             
Date of transactions          :    22 August 2003                               
Nature of transactions        :    Sales                                        
Number of shares sold         :    1. 14 385                                    
                                   4 000                                        
                                   5 615                                        
Selling prices                :    1. R98,00 per share                          
                                   2. R98,70 per share                          
                                   3. R98,40 per share                          
Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
D J O"CONNOR                                                                    
GROUP SECRETARY                                                                 
25 August 2003                                                                  
Date: 25/08/2003 04:15:47 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department