SAPPI LIMITED - Dealing in securities by Director of listed Companies

Dealing in securities by Director of listed Companies

Sappi Limited
Reg No 1936/008963/06
(Incorporated in the Republic of South Africa)
JSE Code SAP
ISIN code ZAE000006284
(“Sappi” or “the Company”)

DEALING 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               : J Pässler

    Company (Subsidiary)          : Sappi International SA

    Date of transaction           : 16 May 2014

    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              : 15 000
    exercised/shares sold

    Dates rights granted and      : 2 December 2011 : R22.90
    price

    Vesting period                : Over 4 years expiring after 8 years

    Selling price per share       : R37.6177

    Total value                   : R564 265.50

   Denis O’Connor
   Group Secretary
   Sappi Limited
   Tel +27 (0)11 407 8072; Fax +27 (0)11 339 1881
   Denis.OConnor@Sappi.com

   Sponsor: UBS South Africa (Pty) Ltd

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