Dealing in securities by Directors Sappi Limited (Registration number 1936/008963/06) (Incorporated in the Republic of South Africa) Share code: SAP ISIN: ZAE000006284) (“Sappi” or the “Company”) DEALING IN SECURITIES BY DIRECTORS In terms of paragraph 3.63 of the Listing Requirements of the JSE Limited, Sappi provides the following information regarding dealing in securities of Sappi by a director a major subsidiary. The dealing which is in terms of the Sappi Limited Share Incentive Scheme and for which clearance was received in terms of Listings Requirement 3.66 is as follows. Director’s Name : Stephen Blyth Subsidiary Company : Sappi International SA Date of transaction : 19 November 2013 Nature of transaction : Sale of shares arising from exercise of rights to shares in terms of the Sappi Limited Share Incentive Scheme Number of rights exercised / shares sold : 5 000 Dates rights granted : 2 December 2011 : R22.90 and price Vesting period : Over 4 years, expiring after 8 years Selling price : R32.89 Total value of shares sold : R164 450.00 Class of security : Ordinary shares Extent of interest : Direct beneficial The exercise of the rights was an off-market transaction and the pursuant sale was on- market. 20 November 2013 Sponsor: UBS South Africa (Pty) Ltd Denis O’Connor Group Secretary Sappi Limited Tel +27 (0)11 407 8072 Fax +27 (0)11 339 1881 denis.oconnor@sappi.com Date: 20/11/2013 04:14:00 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.