Dealing in securities by directors of Listed Companies Sappi Limited Reg No 1936/008963/06 (Incorporated in the Republic of South Africa) JSE Code SAP ISIN code ZAE000006284 NYSE code SPP (“Sappi” or “the Company”) 24 December 2012 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 and its major subsidiaries. The dealings were on-market transactions and clearances for the dealings were received in terms of Listings Requirement 3.66, as follows: Director’s Name : G Pearce Company : Sappi Fine Paper Europe Date of transaction : 21 December 2012 Nature of transaction : Sale of shares Number of Shares sold : 1) 14 438 Selling price per share : 1) R30.55 Total Value : R441 080.90 Class of security : Ordinary shares Extent of interest Direct beneficial 1 Director’s Name : AJW Van der Merwe Company : Sappi Southern Africa Date of transaction : 21 December 2012 Nature of transaction : Sale of shares Number of Shares sold : 1) 1 295 2) 2 039 3) 2 893 4) 4 498 Selling price per share : 1) R30.55 2) R30.56 3) R30.57 4) R30.58 Total Value : R R327 861.11 Class of security : Ordinary shares Extent of interest Direct beneficial Sponsor UBS South Africa (Pty) Limited Denis O’Connor Group Secretary Sappi Limited Tel +27 (0)11 407 8072 Fax +27 (0)11 339 1881 Denis.OConnor@Sappi.com 2 Date: 24/12/2012 12:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.