SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR

SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR                               
SAPPI LIMITED                                                                   
Share code   :  SAVVI                                                           
ISIN         :  ZAE000006284                                                    
DEALING IN SECURITIES BY DIRECTOR OF LISTED COMPANIES                           
In terms of paragraph 3.72 to 3.75 of the JSE Securities Exchange SA Listings   
requirements, the following should be noted:                                    
Name of director         :  Monte Roy Haymon                                    
Date of transaction      :  13 December 2002                                    
Nature of transaction    :  Sale                                                
Number of shares         :  10 000                                              
Selling price            :  R112,00 per share                                   
Class of security        :  Ordinary shares                                     
Extent of interest       :  Direct beneficial                                   
Date: 17/12/2002 03:23:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department