Southern Africa

Brussels, 31 March 2011 - Sappi Fine Paper Europe envisages the closure of its Biberist Mill in Switzerland in response to market conditions and sustained increases in input costs and begins consultations

Brussels - Sappi Fine Paper Europe announced today that it will cease production of coated graphic paper at its Biberist paper mill in Switzerland. After due and thorough consideration during the consultation process with local employees ending on 16 May 2011 the definitive decision to discontinue the coated graphic paper production was taken.

After an exhaustive search for possible purchasers for its Biberist mill in Switzerland, Sappi Fine Paper Europe has today announced that it has been unsuccessful in its attempts to find a suitable acquirer to allow continued operations and employment at the mill.

Sappi Fine Paper Europe begins consultations regarding the future of its Nijmegen mill in the Netherlands. Action required in response to market conditions and sustained increase in input costs

Sappi Fine Paper Europe has confirmed investment plans over the next three years amounting to approximately €120 million for its two leading coated graphic paper mills which will significantly reduce the cost base and improve the profitability of these two worldclass mills.

Sappi results for 3rd quarter ended June 2014 highlights continued year-on-year improvement in performance

Sappi Limited results for the year and fourth quarter ended September 2014. Debt below US$2 billion; full year EBITDA excluding special items increase by 25% on strong fourth quarter

Operating performance in the quarter was in line with expectations and the equivalent quarter last year.

Sappi Limited today announced the offering of €450 million aggregate principal amount of senior secured notes due 2022, in an offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”).

Scientists from Edinburgh Napier University and Sappi have developed a low cost way to turn wood into a wonder material that could be used to build greener cars, thicken foods and even treat wounds.