Sappi Limited - Dealing in Securities by Directors

Sappi Limited - Dealing in Securities by Directors                              
In terms of paragraph 3.72 of the listing requirements of the JSE Securities    
Exchange the following is disclosed:                                            
Director                      John Leonard Job                                  
Date of transaction           23 May 2002                                       
Nature of transaction         Sale                                              
Number of shares sold         20 000                                            
Selling price                 20 000 shares at R146,50 per share                
Class of Security             Ordinary shares                                   
Extent of interest            Direct beneficial                                 
Director                      Monte Roy Haymon                                  
Date of transaction           23 May 2002                                       
Nature of transaction         Sale                                              
Number of shares sold         25 000                                            
Selling price                 11 000 shares at R145,20 per share                
5 000 shares at R145,50 per share                 

                              4 000 shares at R145,80 per share                 
                              5 000 shares at R146,00 per share                 
Class of security             Ordinary shares                                   
Extent of interest            Direct beneficial                                 
Date: 27/05/2002 04:40:00 PM Produced by the SENS Department