Dealing in Securities by Directors of Listed Companies

News provided by

Sappi Limited

Dec 22, 2010, 03:02 ET

JOHANNESBURG, Dec. 22, 2010 /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 by directors of one of the Company's major subsidiary companies.  Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows:

Director's Name

:

S Manchester

Company (Subsidiary)

:

Sappi Fine Paper North America,

Date of transaction

:

20 December 2010



Nature of transaction

:

Sale of shares




Number of shares sold

:

11 103



Selling price

:

R33,70



Total value

:

R374 171,10



Class of security

:

Ordinary shares

Extent of interest

:

Direct beneficial



AND




Director's Name

:

J Miller

Company (Subsidiary)

:

Sappi Fine Paper North America,

Date of transaction

:

21 December 2010



Nature of transaction

:

Sale of shares




Number of shares sold

:

5 921



Selling price

:

R33,50



Total value

:

R198 353,50



Class of security

:

Ordinary shares

Extent of interest

:

Direct beneficial

SOURCE Sappi Limited

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