SAPPI LIMITED - TRP121: Notification of disposal of beneficial interest in securities

TRP121: Notification of disposal of beneficial interest in securities

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")

TRP121: NOTIFICATION OF DISPOSAL OF BENEFICIAL INTEREST IN SECURITIES

In compliance with Section 122(3)(b) of the Companies Act, No. 71 of 2008 (“Act”)
and regulation 121(2)(b) of the Companies Act Regulations 2011, shareholders are
informed that Sappi received the following notification on 16 August 2018 :

-   disposal of shares by BlackRock, Inc. such that BlackRock’s total beneficial
    interest in the Company as of 15 August 2018 has decreased to 4.998% of the
    issued capital of the Company.

Johannesburg
16 August 2018


Sponsor : UBS South Africa (Pty) Ltd

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