SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR

SAPPI LIMITED - DEALING IN SECURITIES BY DIRECTOR                               
Sappi Limited                                                                   
Registration number 1936/008963/06                                              
Share code  :  SAVVI                                                            
ISIN        :  ZAE000006284                                                     
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with rule 3.72 to 3.75 of the JSE Securities Exchange SA Listings 
Requirements, the following should be noted:                                    
Name of director            :  Monte Roy Haymon                                 
Date of transaction         :  5 June 2003                                      
Number of shares            :  4 000                                            
Class of security           :  Ordinary shares                                  
Price                       :  1. 2000 shares at R104,55 per share              
                               2. 2000 shares at R106,00 per share              
Nature of transaction       :  Sales                                            
Extent of interest          :  Direct beneficial                                
Date: 06/06/2003 12:30:31 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department