79CK Qnb Fin 24

RNS Number:9492M
Sappi Ld
12 November 2001

Press Release

Johannesburg, 12th November 2001


          SAPPI TO SPLIT CHAIRMAN / CEO ROLE ON THE RETIREMENT OF
                      EUGENE VAN AS AT END OF 2002

The Sappi board today announced that Sappi would split the roles of Chairman
and Chief Executive when Eugene van As retires towards the end of 2002. Mr
van As, who reaches normal retirement age next year, has agreed to continue
in the role of non-executive chairman after the new Chief Executive has been
appointed.

The board will evaluate both external and internal candidates to ensure the
best person for the CEO position is appointed to lead this global company and
expects to be able to make a further announcement towards the middle of next
year.

ENDS

Issued on behalf of Sappi by Brunswick; telephone 44 11 442 8803

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