SAPPI LIMITED - Dealing in securities by directors of listed companies

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)
(“Sappi” or the “Company”)

14 August 2014

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 dealing was on-market and clearance for the dealing was
received in terms of Listings Requirement 3.66, as follows :


    Director’s name                : Stephen J Blyth

    Company (Subsidiary)           : Sappi Europe SA

    Date of transaction            : 13 August 2014

    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               : 29 200
    exercised/shares sold

    Dates rights granted and       : 1) 22 December 2008 : R35.50 – 7 700 rights
    price                            2) 9 December 2009 : R33.85 – 8 000 rights
                                     3) 3 December 2010 : R35.20 – 13 500 rights


    Vesting period                 : Over 4 years expiring after 8 years

    Selling price per share        : R42.5049

    Total value                    : R1 241 143.08

   Denis O’Connor
   Group Secretary
   Sappi Limited
   Tel +27 (0)11 407 8072; Fax +27 (0)11 339 1881
   Denis.OConnor@Sappi.com

   Sponsor : UBS South Africa (Pty) Ltd

Date: 15/08/2014 08:55:00 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.