SAP - Sappi Limited - Dealing in securities by a director

    SAP - Sappi Limited - Dealing in securities by a director                   
    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 a director                                         
In terms of paragraph 3.66 of the Listing Requirements of the JSE Limited,  
    we hereby provide the following information regarding dealing in securities 
    of Sappi by a director of the Company and by directors of the Company`s     
    major subsidiary companies.                                                 
Director`s Name          :    Eugene van As                                 
    Company                  :    Sappi Limited                                 
    Date of transaction      :    13 December 2006                              
    Nature of transaction    :    Sale of shares                                
Number of shares         :    12 000                                        
    Selling price            :    R114,99                                       
    Class of security        :    Ordinary shares                               
    Extent of interest       :    Direct beneficial                             
Clearance to deal in terms of Listings Requirement 3.66:    Yes             
    Johannesburg                                                                
    15 December 2006                                                            
Date: 15/12/2006 16:48:13 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.