Sappi confirms disposal of Nijmegen Mill Sappi Limited (Incorporated in the Republic of South Africa) Registration number: 1936/008963/06 JSE share code: SAP ISIN code: ZAE000006284 ("Sappi" or the "company") Media Release Johannesburg, 17 June 2014 Sappi confirms disposal of Nijmegen Mill With reference to the announcement made on 30 September 2013 about the future of the Sappi Nijmegen Mill, Sappi wishes to confirm that it has reached an agreement to dispose of the mill to an affiliate of American Industrial Acquisition Corporation (“AIAC”). The new name of the Sappi Nijmegen Mill is Innovio Papers. It will manufacture specialty paper and will no longer be engaged in the coated graphic paper business. A transfer plan is being arranged with current graphic paper customers. The transaction is effective as of 16 June 2014. The disposal is not categorisable in terms of section 9.5 of the JSE Listings Requirements. ENDS Sponsor: UBS South Africa (Pty) Ltd NOTE TO EDITORS: Based in New York, NY, AIAC is a group of sixty manufacturing sites with over 9,500 employees in eighteen countries in North America, Europe, Africa, and Asia. Total annual revenues are in excess of US$1.5 billion. AIAC has purchased units of Boeing, Siemens, Northrop Grumman, Lockheed Martin, United Technologies, Ingersoll-Rand, Johnson Controls, Ahlstrom, Novelis, Kodak, Jabil Circuit, and other large public corporations. Sappi Limited (JSE: SAP), is a global company focused on dissolving wood pulp, paper pulp and paper-based solutions to our direct and indirect customer base in over 100 countries around the world. Headquartered in Johannesburg, South Africa, with over 14,000 employees and manufacturing operations on three continents in seven countries, sales offices in 50 countries, and group sales of US$6 billion. Learn more about Sappi at www.sappi.com. For further information Issued by André F Oberholzer Brunswick Group Head Corporate Affairs on behalf of Sappi Limited Sappi Limited Tel + 27 (0) 11 502 7300 Tel +27 (0)11 407 8044 Mobile +27 (0)83 235 2973 Andre.oberholzer@sappi.com Sophie de Guignard Acting Corporate Communications Manager Sappi Europe SA Tel +3226769735 Mobile +33 6 0725 1414 Sophie.deGuignard@sappi.com Date: 17/06/2014 09:00:00 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.