Sappi Limited - Dealing In Securities By Directors Of Listed Companies

Sappi Limited - 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")                                                      
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we  
hereby provide the following information regarding dealing in securities of     
Sappi by a director of one of the Company"s major subsidiary companies.         
The dealing which is in terms of the Sappi Limited Share Incentive Scheme, and  
for which clearance was received in terms of Listings Requirement 3.66, is as   
follows :                                                                       
Director"s Name          :    Kaj Burchardi                                     
Company (Subsidiary)     :    Sappi International SA                            
Date of transaction      :    7 September 2006                                  
Nature of transaction    :    Payment for shares arising from exercise of       
                              rights to shares in terms of the Sappi Limited    
                              Share Incentive Scheme                            
Number of rights                                                                
exercised/shares sold    :    1.    6 000                                       
                              2.    3 500                                       
                              3.    12 850                                      
Dates rights granted                                                            
and prices               :    1.  24 February 1997          : R34,90            
                                  19 January 1998           : R19,90            
                                  11 December 1998          : R22,10            
Vesting period           :    Over 5 years                                      
Selling price            :    N/A                                               
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
Johannesburg                                                                    
11 September 2006                                                               
Sponsor:  UBS Warburg                                                           
Date: 11/09/2006 03:56:24 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department