SAP - Sappi - Announcement

SAP - Sappi - Announcement                                                      
Sappi Limited                                                                   
(Registration number 1936/008963/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code : SAP                                                                
ISIN : ZAE000006284                                                             
Issuer Code : SAVVI                                                             
("Sappi" or the "Company")                                                      
02 March 2009                                                                   
Announcement                                                                    
Sappi`s Annual General Meeting was held in Johannesburg this afternoon (02 March
2009) and all resolutions as proposed at the meeting were duly passed by the    
respective requisite majorities. Regarding the passing of Ordinary Resolution No
3 to place 25 million of the unissued shares of the Company, including Treasury 
shares, under the control of the directors, the Chairman confirmed before       
proposing the resolution that, if the resolution were to be passed with the     
requisite majority, the authority will only be utilised to support the raising  
of funds should that prove to be an attractive source of funding.               
Denis O`Connor                                                                  
Group Secretary                                                                 
Sappi Limited                                                                   
Tel +27 11 407 8111                                                             
Fax +27 11 339 1881                                                             
e-Mail Denis.O`Connor@sappi.com                                                 
www.sappiI.com                                                                  
Date: 02/03/2009 15:58:01 Supplied by www.sharenet.co.za                     
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