SAP - Sappi Limited - Dealing in securities by directors

SAP - Sappi Limited - 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 Limited, Sappi
provides the following information regarding dealing in securities of Sappi by a
director of the Company and by directors of a major subsidiary.  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               :    Laurence John Newman                         
Company                       :    Sappi International SA                       
Date of transaction           :    18 December 2007                             
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.   1 300                                    

Dates rights granted          :    1.   14 January 2004     :R79,25             
and prices                    :    2.   13 December 2004    :R78,00             
Vesting period                :    1.   Over 5 years                            
:    2.   Over 4 years                             

Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
19 December 2007                                                                
Date: 19/12/2007 16:13:26 Supplied by www.sharenet.co.za                     
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