Dealings in securities by directors of listed companies 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”) Dealings 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 dealings were on-market and clearance for the dealings were received in terms of Listings Requirement 3.66, as follows: Director’s name : Mr B J Wiersum Company of which he is a : Sappi Papier Holding GmbH director Nature of transaction : Sale of shares (on market) to settle tax liability arising from vesting of conditional share awards as per SENS announcement dated 04 December 2018 issued by Sappi Limited Date of transaction : 15 February 2019 Number shares sold : 32 000 Highest price per share sold : R73.67 Lowest price per share sold : R73.37 Volume-weighted average : R73.6022 price per share Total Value : R2 355 270.40 Class of security : Ordinary shares Extent of interest : Direct beneficial Johannesburg 19 February 2019 Sponsor: UBS South Africa (Pty) Ltd Date: 19/02/2019 02:10:00 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.