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. The dealings were on-market and clearance for
the dealings were received in terms of Listings Requirement 3.66, as follows:


   Director’s name               :   B J Wiersum

   Company (Subsidiary)          :   Sappi Papier Holding

   Date of transaction           :   20 February 2017

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

   Number of shares sold         :   20 000 shares

   Volume-weighted average       :   R82.1107 (low R82.00; high R82.50)
   price per share

   Total value                   :   R1 642 214.00

   Class of security             :   Ordinary shares

   Extent of interest            :   Direct beneficial
                                                                                       Page 2 of 2


   Director’s name                :    A Thiel

   Company (Subsidiary)           :    Sappi Southern Africa

   Date of transaction            :    20 February 2017

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

   Number of shares sold          :    804 shares

   Price obtained per share       :    R82.90

   Total value                    :    R66 651.60

   Class of security              :    Ordinary shares

   Extent of interest             :    Direct beneficial



21 February 2017
Sponsor : UBS South Africa (Pty) Ltd

Date: 21/02/2017 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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