SAPPI LIMITED - Dealing in securities by associates of a director

Dealing in securities by associates of a director

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")



17 June 2016


DEALING IN SECURITIES BY ASSOCIATES OF A DIRECTOR

In compliance with paragraph 3.63(a)(iii) of the JSE Limited Listings Requirements, the
following information is disclosed :

 Director :                     Mr Mohammed Valli Moosa
 Name of associates :           Lereko Investments Proprietary Limited (“Lereko”) and
                                Amathambo Proprietary Limited (“Amathambo”)

 Company :                      Sappi Limited
 Date of transaction:           15 June 2016
 Nature of transaction :        Off-market unbundling of 1 971 693 shares held by Lereko
                                in Sappi Limited to Lereko’s underlying shareholders
                                including to Amathambo

 Class of securities :          Ordinary shares
 Number of securities :         576 542
 Purchase price per share :     R66.87
 Total value of transaction :   R38 553 363.54
 Nature of interest :           Indirect beneficial
 Clearance obtained :           Yes




   Sponsor: UBS South Africa (Pty) Ltd




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