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SAPPI LTD (SAP) 6-K

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No commissions are payable or have been paid in respect of any underwriting or sub-underwriting arrangements during the three years preceding the date of<br />

these revised listing particulars.<br />

No commissions, discounts, brokerages or other special terms have been granted in respect of the issue of any equity or debt instrument during the three years<br />

preceding the date of these revised listing particulars.<br />

No promoter holds any material beneficial interest in the promotion of Sappi or in any material acquisition or proposed acquisition of Sappi or has done so for<br />

the three years preceding the date of these revised listing particulars.<br />

11. PRELIMINARY AND ISSUE EXPENSES<br />

Sappi has not incurred any preliminary expenses within the three years preceding the date of these revised listing particulars.<br />

12. CAPITAL COMMITMENTS AND CONTINGENT LIABILITIES OF <strong><strong>SAP</strong>PI</strong><br />

The details relating to material commitments are set out in Annexure E.<br />

The details relating to capital commitments, contingent liabilities and lease payments have been disclosed in Annexure E to these revised listing particulars.<br />

13. MATERIAL CONTRACTS ENTERED INTO BY <strong><strong>SAP</strong>PI</strong><br />

Section 16 of the Circular provides details of material contracts entered into by the Sappi Group during the two years preceding the Last Practicable Date,<br />

which were not in the ordinary course of business.<br />

Save as disclosed in Section 16 of the Circular, the Sappi Group has not entered into any material contracts in the two years prior to the Last Practicable Date.<br />

In addition, the Sappi Group has not entered into any material contracts at any time which contain an obligation or settlement that is material to the Sappi<br />

Group at the Last Practicable Date.<br />

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