SAPPI SOUTHERN AFRICA PROPRIETARY LIMITED - Update on the impact of Covid-19 and market update - SSAI

Update on the impact of Covid-19 and market update - SSAI

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
JSE Alpha code: SSAI

Update on the impact of Covid-19 and market update

Bondholders are advised that Sappi Limited has released an announcement on SENS on 30 March
2020 giving an update on various matters relating to:

    1. Covid-19 and Sappi Limited’s approach to the outbreak;
    2. a market update on the impact on profitability, including mitigating actions taken; and
    3. the suspension of earnings forecasts.

The full announcement released by Sappi Limited is available on
https://www.sappi.com/johannesburg-stock-exchange-announcements

Date: 31 March 2020
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 31-03-2020 11:43:00
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