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 Listing Requirements of the JSE Limited, 
     we hereby provide the following information regarding dealing in securities
     of Sappi by directors of the Company and by directors 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 3.66, is as follows :                        
     Director"s Name          :    A J W van der Merwe                          
     Company (Subsidiary)     :    Sappi Forest Products                        
Date of transaction      :    29 September 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    :    1.  4 000                                    
                                   2.  5 300                                    
                                       9 300                                    
Dates rights granted                                                       
     and prices               :    1.  3 February 1998 : R19,90                 
                                   2.  11 December 1998 : R22,10                
     Vesting period           :    Over 5 years                                 
Selling price            :    1. R100,00                                   
                                   2. R100,15                                   
     Class of security        :    Ordinary shares                              
     Extent of interest       :    Direct beneficial                            
2 October 2006                                                             
     Sponsor :  UBS Warburg                                                     
Date: 03/10/2006 08:24:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department