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 Listings 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          :    Mark Richard Thompson                             
Company (Subsidiary)     :    Sappi Papier Holding GmbH                         
Date of transaction      :    28 February 2006                                  
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    :    5 000                                             
Dates rights granted                                                            
and prices               :    R49,00 : 15 January 2001                          
Vesting period           :    Over 5 years                                      
Selling price            :    R78,50                                            
Class of security        :    Ordinary shares                                   
Extent of interest       :    Direct beneficial                                 
02 March 2006                                                                   
Date: 02/03/2006 03:26:56 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department