Sappi - Dealing in securities by directors of listed companies

Sappi - 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")                                                      
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
In terms of paragraph 3.63 of the Listing 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 3.74, is as       
follows :                                                                       
Director"s Name          :    Jan H Labuschagne                                 
Company (Subsidiary)     :    Sappi Forest Products                             
Date of transaction      :    20 September 2005                                 
Nature of transaction    :    Sale of shares arising from exercise of rights to 
shares in terms of the Sappi Limited Share                                      
                              Incentive Scheme                                  
Number of rights                                                                
exercised/shares sold    :    1 200                                             
Dates rights granted                                                            
and prices               :    1 200 on 11 December 1998     : R22,10            
Vesting period           :    Over 5 years                                      
Selling price            :    R76,00                                            
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
21 September 2005                                                               
Date: 21/09/2005 05:25:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department