Sappi Limited Annual Report, No Change Statement and Notice of AGM

JOHANNESBURG, Dec. 13, 2010 /PRNewswire/ -- Shareholders are advised that the annual report for the year ended September 2010 will be dispatched to shareholders no later than the 20 December 2010. The annual report will also be available online on 13 December 2010 on the Sappi website ( www.sappi.com ). The audited annual financial statements included in the annual report contain no material modifications to the reviewed preliminary results for the year ended September 2010 which were published on 08 November 2010.

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The annual financial statements have been audited by Sappi's auditors, Deloitte & Touche. Their unqualified report is available for inspection at the company's registered office.

Sappi intends to file its annual report on Form 20-F with the United States Securities and Exchange Commission on 13 December 2010. Once filed, this document will also be available on www.sappi.com

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the annual general meeting of shareholders of Sappi will be held at the registered office of the company in the Auditorium, ground floor, 48 Ameshoff Street, Braamfontein, Johannesburg on Wednesday 09 February 2011 at 14:30 to transact business as stated in the notice of the annual general meeting forming part of the annual financial statements.

Braamfontein

13 December 2010

Sponsor to Sappi: UBS South Africa (Pty) Ltd

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")

SOURCE Sappi