SAPPI LTD (SAP) 6-K

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ANNEXURE B PRINCIPAL IMMOVABLE PROPERTIES OWNED AND LEASED BY <strong><strong>SAP</strong>PI</strong> Details of the immovable property owned by the Sappi Group at the Last Practicable Date are set out below. The properties are valued at the directors’ valuation based on present use. Location Use Approximate Size(1) Sappi Limited Johannesburg, South Africa Sappi Headquarters(2) 15,078 m2 Sappi Fine Paper Sappi Fine Paper North America Boston, Massachusetts Headquarters(3) 34,928 sq ft Skowhegan, Maine (Somerset Mill) Manufacturing facility: coated paper, softwood and 2,659 acres hardwood pulp(4) Muskegon, Michigan Manufacturing facility: coated paper and a warehouse 123 acres Westbrook, Maine Manufacturing facility: specialty and release paper and research and development facility(4) 305 acres Storage and shredding facility Cloquet, Minnesota Manufacturing facility: coated paper and pulp(4) 1,038 acres Allentown, Pennsylvania Coated paper sheeting facility 30 acres Dayton, New Jersey Distribution centre(5) 14 acres South Portland, Maine Shared financial and customer service office(2) 48,433 sq ft Sappi Fine Paper Europe Brussels, Belgium Headquarters(6) 3,836 m² Gratkorn, Austria Manufacturing facility: coated paper and pulp 99.9 ha Maastricht, Netherlands Manufacturing facility: coated paper and research and 12.8 ha development facility Nijmegen, Netherlands Manufacturing facility: coated paper 10.7 ha Lanaken, Belgium Manufacturing facility: coated paper and pulp 32.6 ha Alfeld, Germany Manufacturing facility: coated paper, uncoated paper and 33.3 ha pulp Ehingen, Germany Manufacturing facility: coated paper and pulp 35.7 ha Blackburn, England Manufacturing facility: coated paper 36.0 ha Wesel, Germany Distribution centre(7) 62.1 ha Sappi Fine Paper South Africa Enstra, South Africa Manufacturing facility: uncoated paper and hardwood pulp(8) 582.7 ha Stanger, South Africa Manufacturing facility: coated paper, tissue and bagasse 55.4 ha Adamas, South Africa pulp(8) Manufacturing facility: uncoated paper and recycled packaging paper 7.2 ha 201
Location Use Approximate Size(1) Sappi ForestProducts Johannesburg, South Africa Headquarters Included under Sappi Limited headquarters Sappi Saiccor Umkomaas, South Africa Manufacturing facility: chemical cellulose(8) 159.4 ha Sappi Kraft Ngodwana, South Africa Manufacturing facility: linerboard, newsprint and kraft pulp 1,282.9 ha Tugela, South Africa Manufacturing facility: linerboard, corrugating medium, 914.4 ha sackkraft and industrial kraft Cape Kraft, South Africa Manufacturing facility: linerboard and corrugating medium 9.5 ha Bunya, Swaziland (Usutu Pulp Mill) Manufacturing facility: kraft pulp 45.0 ha Sappi Forests Barberton, South Africa (Lomati Sawmill) Sawmill 24.6 ha SappiPlantations Mpumalanga and KwaZulu- Owned 369,000 ha Natal South Africa Sappi leases or manages directly in South Africa 10,000 ha Projects in South Africa (owned and managed by farmers, 108,000 ha where Sappi indirectly manages through technical advice and support) Swaziland Leased in Swaziland 66,000 ha ___________ (1) The approximate size measurement relates to, in the case of manufacturing and distribution facilities, the perimeter of the property on which the principal manufacturing or distribution facilities are situated and, in the case of offices, the interior office space owned or leased. (2) Subject to a lease expiring in 2015. (3) Subject to a lease expiring in 2011. (4) A portion of the equipment is subject to lease agreements. (5) Subject to a lease expiring in 2010. (6) Subject to leases expiring in 2016. (7) Of the total 62,140m2, 8,800m2 is subject to a lease that operates on a year-to-year basis. The remainder of the property is subject to a heritable building right (“Erbbaurecht”). (8) Substantial assets are leased pursuant to capital lease agreements. During fiscal 2006, Sappi announced the expansion of the existing capacity at Saiccor mill. The current capacity of the mill is approximately 600,000 metric tonnes per annum. The result of the expansion is an expected increase in capacity of 300,000 tonnes, of which 75,000 tonnes is to replace existing higher cost capacity, while simultaneously reducing the environmental impact of the operation. The estimated cost of the project is USD 500 million. 202
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SAPPI LTD (SAP) 6-K Current report
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INCORPORATION BY REFERENCE Sappi Li
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CERTAIN FORWARD-LOOKING STATEMENTS
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South African legal advisor to Sapp
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TABLE OF CONTENTS Page CORPORATE IN
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ACTION REQUIRED BY SAPPI SHAREHOLDE
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IMPORTANT DATES/TIMES SALIENT DATES
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“CSDP” “CWF” “Deloitte So
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“Sappi Papier Holding” “Sappi
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CURRENCY TRANSLATION This Circular
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The tables below highlight certain
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Reconciliation from profit for the
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3. PRINCIPAL TERMS AND CONDITIONS O
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• dispose of any of the Settlemen
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There is no accrued taxation, which
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(d) all of the know-how, brands, or
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The map below sets out the location
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Name Age Position Experience Martti
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5. FINANCIAL INFORMATION ON THE ACQ
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The registered address of Metsälii
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Pro forma financial effects for the
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G. Financial information for Sappi
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13.3. Major Shareholders prior to t
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Dr D.C Cronje was appointed in Janu
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Executive Directors RJ Boëttger (3
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14.2.2. Changes in executive direct
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2007 2006 Direct Interests Indirect
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Other than described above, there a
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21. DIRECTORS’ RESPONSIBILITY STA
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25. EXCHANGE CONTROL AUTHORITY Subj
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• Audited Annual Financial Statem
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HISTORIC FINANCIAL INFORMATION RELA
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COMBINED STATEMENTS OF CASH FLOWS F
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Note 1• Background and basis of p
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The translation of foreign currency
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Goodwill that arose prior to 1 Janu
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Revenue recognition Revenue compris
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Application of new and amended IFRS
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Liquidity risk is defined as the ri
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Other operating expenses include al
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Note 7•Personnel data The Company
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Note 9•Financial income and expen
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The Company has offset deferred tax
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Note 12•Property, plant and equip
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Property, plant and equipment inclu
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Note 16•Cash and cash equivalents
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The Company expects to contribute E
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Note 20•Maturity of repayment and
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Maturity of repayment and interest
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Note 22•Other non-current liabili
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2. Interim Condensed Combined Finan
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INTERIM CONDENSED COMBINED CASH FLO
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NOTES TO THE INTERIM CONDENSED COMB
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A reconciliation of income tax expe
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Sales of goods to related parties d
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3. Interim condensed combined finan
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INTERIM CONDENSED COMBINED CASH FLO
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NOTES TO THE INTERIM CONDENSED COMB
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Depreciation of buildings and machi
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As of 31 December 2007 and 2006, cu
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ANNEXURE 2 INDEPENDENT REPORTING AC
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Opinion In our opinion, the combine
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Yours sincerely PRICEWATERHOUSECOOP
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The pro forma adjustments reflect t
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• anticipated synergies and effic
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(A) (B) Financial information for t
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(2) Adjustments to the equity balan
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ASSETS EUR’000 US$’000 Acquired
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UNAUDITED PRO FORMA INCOME STATEMEN
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Pro forma notes (1) Reflects the el
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* The number of shares in issue at
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Notes to the unaudited pro forma co
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(2) (EUR54,970) has been reallocate
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We do not accept any responsibility
Page 154 and 155: ANNEXURE 5 MATERIAL LOANS RELATING
Page 156 and 157: (4) The financial covenant relates
Page 158 and 159: The fair value of non-current borro
Page 160 and 161: ADDITIONAL MATERIAL LOANS OF THE GR
Page 162 and 163: Directorships in the last five year
Page 164 and 165: David Charles Brink Age 69 Business
Page 166 and 167: Directorships in last five years Cu
Page 168 and 169: Directorships in last five years Fo
Page 170 and 171: Directorships in last five years Cu
Page 172 and 173: Experience Jan joined Sappi in 1992
Page 174 and 175: Experience Berry Wiersum joined Sap
Page 176 and 177: ANNEXURE 7 DETAILS ON THE SAPPI SHA
Page 178 and 179: SPECIAL RESOLUTION NUMBER 1 Increas
Page 180 and 181: Explanatory Note to Ordinary Resolu
Page 182 and 183: This Page Printed On Pink Paper Sap
Page 184 and 185: FORM OF DIRECTION FOR HOLDERS OF DE
Page 186 and 187: (Incorporated in the Republic of So
Page 188 and 189: TABLE OF CONTENTS Page REVISED LIST
Page 190 and 191: 2.2 Background Sappi Limited was fo
Page 192 and 193: Where shareholders are required to
Page 194 and 195: 6. INFORMATION RELATING TO THE DIRE
Page 196 and 197: 6.4 Additional information pertaini
Page 198 and 199: No commissions are payable or have
Page 200 and 201: 15. MATERIAL VENDORS There have not
Page 202 and 203: ANNEXURE A TRADING HISTORY OF SAPPI
Page 206 and 207: ANNEXURE C APPOINTMENT, QUALIFICATI
Page 208 and 209: If any question arises at any meeti
Page 210 and 211: As at the termination of each annua
Page 212 and 213: At every annual general meeting of
Page 214 and 215: Human Resources committee The respo
Page 216 and 217: Risk management The Sappi Board rec
Page 218 and 219: Interest in contracts The Sappi Gro
Page 220 and 221: ANNEXURE E CAPITAL COMMITMENTS AND
Page 222 and 223: Westbrook Cogeneration Agreement: I
Page 224: SIGNATURE Pursuant to the requireme
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SAPPI LTD (SAP) 6-K

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