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 dealings in securities of    
Sappi by a director of a major subsidiary company.  Clearance for the dealings  
was received in terms of Listings Requirement 3.66, as follows and the          
transactions were done on market:                                               
Director`s Name          :    L A Swartz                                        
Company (Subsidiary)     :    Sappi Southern Africa,                            
                             Sappi Fine Paper Europe                            
                             Sappi Fine Paper North America                     
Date of transaction      :    1) 13 March 2012                                  
2) 15 March 2012                                   

Nature of transaction         :Sale of shares                                   
Number of shares sold    :    1) 1,223                                          
                             2) 4,577                                           
`                           5,800                                           
Selling price            :    R27.20                                            
Total value              :    R157,760.00                                       
Class of security        :    Ordinary shares                                   
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                                                         
15 March 2012                                                                   
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 15/03/2012 13:01:05 Supplied by www.sharenet.co.za                     
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