Analyst coverage

Sappi Limited does not by its reference below or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Chronux Research    
Sean Ungerer – South Africa
Tel: +27 (0)82 319 3373

J.P. Morgan
Detlef Winckelmann – United Kingdom
Tel: +44 203 493 5190

Prescient Securities    
James Twyman – South Africa
Tel: +27 (0)21 700 3737

Bank of America Merrill Lynch
Patrick Mann – United Kingdom
Tel: +44 207 995 8960

RMB Morgan Stanley Research    
Brian Morgan – South Africa
Tel: +27 (0)11 282 8969

Standard Bank Securities
Tim Clark – South Africa
Tel: +27 (0)11 415 4295

UBS
Andrew Jones – United Kingdom
Tel: +44 207 901 6545

Absa
Brent Madel – South Africa
Tel: +27 (0)11 895 5130

Stifel
Lars Kjellberg – United Kingdom
Tel: +44 207 663 3213

Citi Research
James Perry – United Kingdom
Tel: +44 207 986 2461

Sappi Limited is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Sappi Limited's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Sappi Limited or its management. Sappi Limited does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.