SAP - Sappi - Dealing In Securities By Directors

SAP - Sappi - Dealing In Securities By Directors                                
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                                              
In terms of paragraph 3.63 of the Listing Requirements of the JSE Securities    
Exchange South Africa, we hereby provide the following information regarding    
dealing in securities of Sappi by a director of a major subsidiary of the       
Company. Clearance was received in terms of Listings Requirement 3.66.          
Director`s Name               :    Laurence John Newman                         
Company                       :    Sappi International SA                       
Date of transaction           :    11 December 2006                             
Nature of transaction         :    Payment for shares in terms of obligations   
under the Sappi Limited Share Incentive       

                                  Scheme                                        
Number of shares acquired     :    1.   1 000                                   
                                  2.   1 000                                    
3.   1 200                                    

                                       3 200                                    
Dates rights granted          :                                                 
and prices                    :    1.   15 January 2001 : R49,00                
2.   30 December 2003 : R79,25                

                                  3.   13 December 2004 : R78,00                
Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
12 December 2006                                                                
Sponsor:  UBS Warburg                                                           
Date: 12/12/2006 16:10:55 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.