Dividend Information

RNS Number:2438P
Sappi Ld
27 December 2001


With reference to the dividend announcement of 12 November 2001, we set out 
below the exchange rates to be applied for payment of the dividend :

US$1 - R11,95 (ie dividend R3,11 per share) 
US$1 - #0,6915 (ie dividend of 0,18 pence per share).

The relevant dates pertaining to the dividend are as follows :

Last day to trade cum dividend - Friday, 4 January 2002. 

Date on which shares commence trading ex-dividend - Monday, 7 January 2002.


Currency election date for non-resident shareholders holding through South 
African Nominee Companies - Friday, 4 January 2002.


Record dated - Friday, 11 January 2002. 

Payment date - Monday 14 January 2002.


There will not be any de-materialisation nor re-materialisation of Sappi Limited
share certificates from 28 December 2001 to 11 January 2002, both days 
inclusive.

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