By: via PR Newswire
Dealing in Securities by Directors of Listed Companies

JOHANNESBURG, Oct. 7, 2011 /PRNewswire/ -- 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 (Share code: SAP; ISIN: ZAE000006284; NYSE code SPP) by directors of the Company.  Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows and the transaction was done off market:

Director's Name:

M R Thompson


Sappi Limited

Date of transaction:

4 October 2011

Nature of transaction:

Purchase of 2014 secured notes over the counter

Number of notes purchased:

142 000

Purchase price per note:


Total value of notes purchased:

EUR 14 483 716

Class of security:

Secured notes listed on Luxembourg Stock Exchange

Extent of interest:

Direct beneficial

Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
("Sappi" or the "Company")


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