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SAP - Sappi Limited - Dr Danie Cronje joins Sappi Limited Board Sappi Limited (Registration number 1936/008963/06) (Incorporated in the Republic of South Africa) Share code: SAP & ISIN: ZAE000006284) ("Sappi" or the "Company") Stock Exchange Announcement 04 December 2007 Dr Danie Cronje joins Sappi Limited Board Sappi Limited, the global pulp and paper group, today announced that Dr Daniel (Danie) Christiaan Cronje will join the Sappi Limited board with effect from 01 January 2008 as a non-executive director. Dr Cronje (61) retired in July 2007 as Chairman of both ABSA Group Ltd and ABSA Bank Ltd, a leading South African banking organisation in which Barclays plc obtained a majority share in 2005. He had been with the ABSA group since 1975 and held various executive positions including Group Chief Executive for 4 years and Chairman for 10 years. He is also a director of Barclays plc, Barclays Bank plc and TSB Sugar Holdings Limited. He holds a DCom from Potchefstroom University (now the University of the North West). END NOTE TO EDITORS: Additional information on Dr Daniel (Danie) Christiaan Cronje: Dr Cronje obtained his BCom, BCom (Hons) and MCom degrees also at Potchefstroom University. He obtained his DCom in 1975. Career: 1969 Sanlam investment department 1969-1971 Trust Merchant Bank, investment department 1972-1975 Lecturer in Money and Banking at Potchefstroom University 1975-2007 Various positions at first Volkskas Merchant Bank, the Volkskas 1988 Group, and the ABSA Group, including: 1988-1991 Group Chief Executive of the Volkskas Group 1991-1993 Deputy Group Chief Executive of the ABSA Group 1993-1997 Group Chief Executive of the ABSA Group 1997-2007 Chairman of the ABSA Group For further information: Andre F Oberholzer Group Head Corporate Affairs Sappi Limited (Reg No 1936/008963/06) Tel +27 (0)11 407 8044 Fax +27 (0)11 403 8236 Mobile +27 (0)83 235 2973 Andre.Oberholzer@sappi.com Date: 04/12/2007 16:50:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
