Granting of Conditional Share Awards to Directors of Listed Company 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”) GRANTING OF CONDITIONAL SHARE AWARDS TO DIRECTORS OF LISTED COMPANY In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide the following information regarding the granting of conditional share awards by Sappi to the undermentioned directors of the Company and its major subsidiary companies. The necessary authority in terms of paragraph 3.66 was obtained and these were off-market transactions: Date of notification of transaction : 13 December 2013 Nature of transaction : Annual Grants of Conditional Share Awards in terms of the Sappi Limited Performance Share Incentive Plan Strike price : Nil (no consideration) Vesting dates for Conditional share awards : 13 December 2017 Class of security : Ordinary shares Extent of interest : Direct beneficial DIRECTOR’S NAME COMPANY NUMBER OF NOTIONAL SHARES VALUE SUBJECT TO CONDITIONAL (R) AWARDS SR BINNIE Sappi Limited 110 000 3 168 000 SJ BLYTH Sappi International SA 15 000 432 000 J BONER Sappi Fine Paper Europe (Company Secretary) 33 000 950 400 G BOWLES Sappi Southern Africa 100 000 2 880 000 L DI AMATO Sappi International SA 7 000 201 600 M GARDNER Sappi Fine Paper North America 110 000 3 168 000 TS HAWKES Sappi Southern Africa 20 000 576 000 NN MAELANE Sappi Southern Africa 30 000 864 000 S MANCHESTER Sappi Fine Paper North America (Company Secretary) 32 000 921 600 PB McGRADY Sappi Southern Africa 40 000 1 152 000 JL MILLER Sappi Fine Paper North America 34 000 979 200 CM MOWATT Sappi Southern Africa 40 000 1 152 000 DJ O’CONNOR Sappi Limited (Company Secretary) 10 000 288 000 J PÄSSLER Sappi International SA 27 000 777 600 G PEARCE Sappi Fine Paper Europe 33 000 950 400 R PEELMAN Sappi International SA 7 000 201 600 M QUADVLIEG Sappi Fine Paper Europe 33 000 950 400 B ROSS Sappi Papier Holding 15 000 432 000 LA SWARTZ Sappi Southern Africa/Sappi Fine Paper North America 90 000 2 592 000 AvC THIEL Sappi Southern Africa 110 000 3 168 000 GM VAN AARDE Sappi Southern Africa 30 000 864 000 M VAN HOVEN Sappi Southern Africa/Sappi Fine Paper North America 90 000 2 592 000 BJ WIERSUM Sappi Fine Paper Europe 110 000 3 168 000 Denis O’Connor Group Secretary Sappi Limited Tel +27 11 407 8111 Fax +27 11 339 1881 e-Mail Denis.O’Connor@sappi.com www.sappi.com 17 December 2013 Sponsor: UBS South Africa (Pty) Ltd Date: 17/12/2013 04:36:00 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.