SAPPI LIMITED - Dealings in securities by directors of listed companies

Dealings in securities by directors of listed companies

Sappi Limited

(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284

(‘Sappi’ or ‘the company’)


DEALINGS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES


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 directors of the Company
and its major subsidiaries. Clearance for the dealing was received in terms of Listings
Requirement 3.66, as follows:




   Director’s name                    :   C Mowatt

   Company                            :   Sappi Southern Africa Ltd

   Date of transaction                :   9 December 2016

   Nature of transaction              :   Sale of shares (on market) arising from vesting
                                          of conditional share awards as per SENS
                                          announcement previously issued by Sappi
                                          Limited

   Number of shares sold              :   5 000 shares

   Selling price per share            :   R85.00

   Total value                        :   R425 000.00

   Class of security                  :   Ordinary shares

   Extent of interest                 :   Direct beneficial




                                       Page 1 of 2
Director’s name                       :   T Hawkes

Company                               :   Sappi Southern Africa Limited

Date of transaction                   :   9 December 2016

Nature of transaction                 :   Sale of shares (on market) arising from vesting of
                                          conditional share awards as per SENS
                                          announcement previously issued by Sappi Ltd

Number of shares sold                 :   3000 shares

Volume weighted average               :   R84.9070 (high R84.96; low R84.66)
selling price per share

Total value                           :   R254 721.00

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial




Director’s name                       :   T Hawkes

Company (Subsidiary)                  :   Sappi Southern African Limited

Date of transaction                   :   9 December 2016

Nature of transaction                 :   Sale of shares (on market) arising from vesting of
                                          conditional share awards as per SENS
                                          announcement previously issued by Sappi Ltd

Number of shares sold                 :   70000 shares

Selling price per share               :   R85.00

Total value                           :   R595 000.00

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial



12 December 2016

Sponsor: UBS South Africa (Pty) Ltd




                                      Page 2 of 2

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