SAP - Sappi - Dealing In Securities By A Director Of Sappi

SAP - Sappi - Dealing In Securities By A Director Of Sappi                      
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 A DIRECTOR OF SAPPI                                    
In terms of paragraph 3,63 of the Listings Requirements of JSE Limited, Sappi   
provides the following information regarding the awards of shares by Sappi to   
Chief Executive Officer Mr R J Boettger in terms of his letter of appointment.  
The dealings for which clearance was received in terms of Listings Requirement  
3,66, are as follows:                                                           
Director`s name                 Roeloff     Jacobus    (Ralph)                  
                               Boettger                                         
Date of transactions            16 August 2007                                  
Nature of transaction No. 1     Grant   of  conditional  share                  
                               awards  in terms of the  Sappi                   
                               Limited   Performance    Share                   
                               Incentive Plan                                   


Number  of  Conditional  Share  In respect of 100 000 shares                    
Awards                                                                          
Share price                     No consideration                                
Vesting  date  if  performance  16 August 2011                                  
conditions met                                                                  
Class of security               Ordinary shares                                 
Extent of interest              Direct beneficial                               


Nature of transaction No. 2     35  000 shares to be purchased                  
                               on  Ralph Boettger`s behalf on                   
                               the open market                                  


Number of Shares                35 000                                          
Share price                     No   consideration  to   Ralph                  
                               Boettger                                         
Vesting date                    31 December 2007                                
Class of security               Ordinary shares                                 
Extent of interest              Direct beneficial                               
Johannesburg                                                                    
20 August 2007                                                                  
Sponsor:  UBS Warburg                                                           
Date: 20/08/2007 17:00:51 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.