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Our performance in 2009 - Sappi

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<strong>Our</strong> report<strong>in</strong>g strategy<br />

As a lead<strong>in</strong>g global bus<strong>in</strong>ess, <strong>Sappi</strong> subscribes to best <strong>in</strong>ternational practice <strong>in</strong> report<strong>in</strong>g to stakeholders.<br />

We aim to provide a comprehensible, balanced, complete and comparable view of our bus<strong>in</strong>ess through<br />

various structured report<strong>in</strong>g mechanisms, to assist stakeholders to make <strong>in</strong>formed decisions about<br />

their <strong>in</strong>teractions with the group.<br />

For a complete view of <strong>Sappi</strong>’s strategy, <strong>performance</strong> <strong>in</strong> the year ended September <strong>2009</strong> and longer<br />

term prospects, stakeholders are directed to the follow<strong>in</strong>g sources of company <strong>in</strong>formation:<br />

Quarterly results announcements and analyst presentations<br />

Annual report and accounts, prepared <strong>in</strong> accordance with International F<strong>in</strong>ancial Report<strong>in</strong>g Standards<br />

(IFRS) issued by the International Account<strong>in</strong>g Standards Board (IASB)<br />

Form 20-F, prepared <strong>in</strong> accordance with US Securities and Exchange Commission (SEC) regulations<br />

Susta<strong>in</strong>able development report, published on the group website<br />

http://sappi.<strong>in</strong>vestoreports.com/sappi_sdr_<strong>2009</strong>/<br />

Group website – www.sappi.com<br />

Note: Please refer to the glossary of terms used <strong>in</strong> this report on pages 199 to 201<br />

<strong>Sappi</strong> Limited is listed on the follow<strong>in</strong>g stock exchanges and is subject to their list<strong>in</strong>g requirements:<br />

JSE Limited, South Africa (primary list<strong>in</strong>g)<br />

New York Stock Exchange, USA (secondary list<strong>in</strong>g)<br />

Exchange rates<br />

<strong>2009</strong> 2008 2007<br />

Year Clos<strong>in</strong>g Year Clos<strong>in</strong>g Year Clos<strong>in</strong>g<br />

average rate average rate average rate<br />

US Dollar (US$)/<br />

Rand (ZAR) 9.0135 7.4112 7.4294 8.0751 7.1741 6.8713<br />

Euro (EUR)/(€)/<br />

US Dollar (US$) 1.3657 1.4688 1.5064 1.4615 1.3336 1.4272<br />

Pound (GBP)/(£)/<br />

US Dollar (US$) 1.5578 1.5955 1.9804 1.8448 1.9715 2.0471

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