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 OF LISTED COMPANIES                          
In  terms  of paragraph 3.63 of the Listing Requirements of the JSE Limited,  we
hereby  provide  the following information regarding dealing  in  securities  of
Sappi  by  the Company Secretary.   The dealing for which clearance was received
in terms of Listings Requirement 3.66, is as follows :                          
Company Secretary`s Name      :    Denis James O`Connor                         
Company                       :    Sappi Limited                                
Date of transaction           :    22 December 2006                             
Nature of transaction         :    Sale of shares                               
Number of rights                                                                
exercised/shares sold         :    1000                                         
Dates rights granted                                                            
and prices                    :    N/A                                          
Vesting period                :    N/A                                          
Selling price                 :    R118,61                                      
Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
2 January 2007                                                                  
Sponsor:  UBS Warburg                                                           
Date: 02/01/2007 08:18:24 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.