SAP - Sappi Limited - Dealing in securities by directors of listed companies

SAP - Sappi Limited - Dealing in securities by directors of listed companies    
Sappi Limited                                                                   
(Registration number 1936/008963/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: SAP                                                                 
ISIN: ZAE000006284; NYSE code SPP                                               
("Sappi" or the "Company")                                                      
Dealing in securities by directors of listed companies                          
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we  
hereby provide the following information regarding dealing in securities of     
Sappi by directors of the Company.  Clearance for the dealing was received in   
terms of Listings Requirement 3.66, as follows and the transaction was done off 
market:                                                                         
Director`s Name:         M R Thompson                                           
Company:                 Sappi Limited                                          
Date of transaction:     4 October 2011                                         
Nature of transaction:   Purchase of 2014 secured notes over the counter        
Number of notes                                                                 
purchased:               142 000                                                
Purchase price per                                                              
note:                    101.998%                                               
Total value of                                                                  
notes purchased:         Euro14 483 716                                         
Class of security:       Secured notes listed on Luxembourg Stock Exchange      
Extent of interest:      Direct beneficial                                      
Denis O`Connor                                                                  
Group Secretary                                                                 
Sappi Limited                                                                   
Tel +27 (0)11 407 8072                                                          
Fax +27 (0)11 339 1881                                                          
denis.oconnor@sappi.com                                                         
7 October 2011                                                                  
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 07/10/2011 17:25:16 Supplied by www.sharenet.co.za                     
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