Sappi - Dealing In Securities By Directors Of Listed Companies

Sappi - Dealing In Securities By Directors Of Listed Companies                  
Sappi Limited                                                                   
(Registration number 1936/008963/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: SAP & ISIN: ZAE000006284)                                           
("Sappi" or the "Company")                                                      
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
In terms of paragraph 3.63 of the Listing Requirements of the JSE Limited, we   
hereby provide the following information regarding the dealing in securities of 
Sappi by directors of the Company.  Clearance for the dealing which was received
in terms of Listings Requirement 3.66, is as follows :                          
Director"s Name     :    E van As                                               
Company             :    Sappi Limited                                          
Date of transaction :    12 September 2006                                      
Nature of transaction:   Entering into a zero cost collar transaction with a    
commercial bank                                        

Number of                                                                       
shares              :    246 959                                                
Strike price of put :    R94,07 per share                                       
Strike price of call:    R111,99 per share                                      
Term                :    364 days                                               
Class of security   :    Ordinary shares                                        
Extent of interest  :    Indirect Beneficial                                    
Johannesburg                                                                    
12 September 2006                                                               
Date: 12/09/2006 04:10:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department