SAPPI - DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES

SAPPI - DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                  
The word for fine paper                                                         
Sappi Limited                                                                   
(Registration number 1936/008963/06)                                            
JSE Code: SAP                                                                   
ISIN Code: ZAE000006284                                                         
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
In terms of paragraph 3.72 of the listing requirements of the JSE Securities    
Exchange, the following should be noted:                                        
Director                                   : Monte Roy Haymon                   
Date of transaction                        : 8 August 2003                      
Nature of transaction                      : Sale                               
Number of shares sold                      : 23 000 shares                      
Selling price                              : R93,50 per share                   
Class of security                          : Ordinary shares                    
Extent of interest                         : Direct beneficial                  
D J O"CONNOR                                                                    
GROUP SECRETARY                                                                 
8 August 2003                                                                   
Date: 11/08/2003 03:05:34 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department