SAPPI LIMITED - Dealings In Securities By Directors Of Listed Companies

Dealings In Securities By Directors Of Listed Companies

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284

(‘Sappi’ or ‘the company’)

14 December 2015


DEALINGS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide
the following information regarding dealing in securities of Sappi by directors of the Company
and its major subsidiaries. The dealing was on-market and clearance for the dealing was
received in terms of Listings Requirement 3.66, as follows:


 Director’s name                  : J Pässler

 Company (Subsidiary)             : Sappi Papier Holding

 Date of transaction              : 11 December 2015

 Nature of transaction            : Sale of shares (on-market) arising from exercise of
                                    rights to shares in terms of the Sappi Limited Share
                                    Option Scheme

 Number of rights                 : 7 500
 exercised/shares sold

 Dates rights granted and         : 2 December 2011 : R22.90
 price

 Vesting period                   : Over 4 years expiring after 8 years

 Average selling price per        : R62.2934 (high R62.42; low R62.25)
 share

 Total value                      : R467 200.50

 Extent of interest               : Direct beneficial


   Sponsor: UBS South Africa (Pty) Ltd

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