Sappi appoints Mark Thompson as Chief Financial Officer Sappi Limited (Registration number 1936/008963/06) Issuer Code: SAVVI JSE Code: SAP ISIN Code: ZAE000006284 Stock Exchange Announcement 08 August 2006 Sappi appoints Mark Thompson as Chief Financial Officer Sappi Limited, the global pulp and paper group, today announced that Mark Thompson has been appointed as CFO with immediate effect and will join the Sappi Limited board as an executive director. Mark Richard Thompson (54) has been with Sappi since 1999 as Group Legal Counsel. Prior to joining Sappi he was Group Treasurer at Anglo American, Managing Director of Discount House Merchant Bank and previously Head of the Corporate Finance Division of Senbank. Sappi chairman, Eugene van As, said today: "Mark Thompson brings an intimate knowledge and understanding of Sappi"s global business and the broad finance function, and will, I am sure, play an important role in developing the group"s future profitability". ENDS NOTES TO EDITORS: Additional information on Mark Richard Thompson: He holds BCom, BAcc, and LLB degrees from the University of the Witwatersrand (WITS) in Johannesburg. He is a chartered accountant, CA (SA). He read Management Studies at Magdalen College, Oxford He started his career as an investigating accountant at the Industrial Development Corporation, before joining Malbak where he was the PA to the CEO. He spent 2 years as Head of Corporate Finance Division - Senbank. Thereafter he spent 5 years as Managing Director of Discount House Merchant Bank, before moving to Anglo American as Group Treasurer. He joined Sappi as Group Corporate Counsel and Tax Advisor in 1999. He holds a number of directorships within and outside of the Sappi group. Sappi is the world"s leading producer of coated woodfree paper with production facilities in nine countries on four continents - Europe, North America, Asia (China) and Africa, sales offices on five continents and customers in over 100 countries worldwide. For further information visit www.sappi.com 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: 08/08/2006 09:59:05 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department