Sappi - Dealing in securities by a director

Sappi - Dealing in securities by a director                                     
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 A DIRECTOR                                             
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange, we hereby provide the following information regarding dealing in      
securities of Sappi by a director of the Company:                               
Director"s Name               :    Jonathan Charles Alexander Leslie            
Company                       :    Sappi Limited                                
Date of transaction           :    24 May 2005                                  
Nature of transaction         :    Award of shares to Mr Leslie in terms of his 
                                   Service contract, following the achievement  
of targets relating to shareholder returns   

                                   relative to peer companies.                  
Number of shares acquired     :    16 667                                       
Purchase price                :    Nil                                          
Class of security             :    Ordinary shares                              
Extent of interest            :    Direct beneficial                            
Clearance to deal in terms                                                      
of Listings Requirement 3.66  :    Yes                                          
Johannesburg                                                                    
26 May 2005                                                                     
Date: 26/05/2005 11:00:06 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department