SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR

SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR                               
Sappi Limited                                                                   
Registration number 1936/008963/06                                              
Share code:  SAVVI                                                              
ISIN      :  ZAE000006284                                                       
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with rule 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    :  4 June 2003                                           
Number of shares       :  4 000                                                 
Class of shares        :  Ordinary shares                                       
Price                  :  R104,25 per share                                     
Nature of transaction  :  Sale                                                  
Extent of interest     :  Direct beneficial                                     
Date: 05/06/2003 03:18:30 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department