SAPPI SOUTHERN AFRICA (PTY) LTD - Partial Delisting SSA02

Partial Delisting SSA02

Sappi Southern Africa Limited

JSE Code: SSA02
ISIN No: ZAG000094038
Partial Capital Redemption


In accordance with the Terms and Conditions of SAPPI
SOUTHERN AFRICA LIMITED, SSA02 –Senior Unsecured Floating
Rate Notes, under their Domestic Medium-term Note Programme
dated 22 June 2011, investors are herewith advised of the
partial capital redemption of the below note effective 20
October 2014.

Capital Redemption Amount       Amount Outstanding After
                                Capital Redemption

R 300,000,000.00                R 450,000,000.00




The partial redemption of the notes is due to the fact that
the Issuer will be repurchasing the Redemption Portion of
the Notes.


For further information on the Note issued please contact:

Wayne Frank         Nedbank               011 535 4027
Mari Vink           JSE                   011 520 7154
Diboko Ledwaba      JSE                   011 520 7222

Date: 20 October 2014

Debt Sponsor: Nedbank Capital

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