SOURCE: Sappi Limited

May 20, 2005 08:39 ET

Sappi Limited announces Clarification

Johannesburg, SA -- (MARKET WIRE) -- May 20, 2005 --

Sappi Limited

Notice

20 May 2005

Johannesburg, 20 May 2005

Sappi - clarification

In response to a question from an analyst on 19 May 2005, a Sappi spokesman indicated that based on current market developments, meeting fiscal third quarter 2005 consensus earnings of 5 US cents per share could be a challenge.

There is no change to the earnings guidance given at the end of the second fiscal quarter that it is unlikely that earnings for the full year will match last year's earnings.

For further information contact:
Richard Boorman
Group Investor Relations Manager
Sappi Limited
Tel +27 (0)11 407 8391
Mobile +27 (0)83 645 3504
Richard.Boorman@sappi.com

Andre F Oberholzer
Group Head Corporate Affairs
Sappi Limited
Tel +27 (0)11 407 8044
Mobile +27 (0)83 235 2973
Andre.Oberholzer@sappi.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange