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Approximate Secured /<br />
Location Use Size (1) Sappi Paper and Paper<br />
Packaging<br />
Leased<br />
Ngodwana, South Africa . . Manufacturing facility: linerboard, newsprint and<br />
kraft pulp<br />
1,282.9 ha<br />
Tugela, South Africa ..... Manufacturing facility: linerboard, corrugating<br />
medium, sackkraft and industrial kraft<br />
914.4 ha<br />
Cape Kraft, South Africa . . Manufacturing facility: linerboard and corrugating<br />
medium<br />
9.5 ha<br />
Enstra, South Africa ..... Manufacturing facility: uncoated paper and<br />
hardwood pulp<br />
582.7 ha Partly Leased<br />
(8)<br />
Stanger, South Africa .... Manufacturing facility: coated paper, tissue and<br />
bagasse pulp<br />
55.4 ha Partly Leased<br />
(8)<br />
Adamas, South Africa .... Manufacturing facility: uncoated paper and recycled<br />
packaging paper<br />
7.2 ha<br />
Bunya, Swaziland (Usutu) . Leased to third party timber processor 45.0 ha<br />
Sappi Forests<br />
Barberton, South Africa<br />
(Lomati Sawmill) ...... Sawmill 24.6 ha<br />
(1) The approximate size measurement relates to, in the case of manufacturing and distribution facilities, the perimeter of the<br />
property on which the principal manufacturing or distribution facilities are situated and, in the case of offices, the interior<br />
office space owned or leased.<br />
(2) Subject to a lease expiring in 2015.<br />
(3) Subject to a lease expiring in 2011. Sappi Fine Paper North America signed a new lease for 2,964 m2 at a different location in<br />
Boston which expires in 2021.<br />
(4) A portion of the equipment is subject to lease agreements.<br />
(5) Subject to a lease expiring in 2015.<br />
(6) Subject to leases expiring in 2016.<br />
(7) Of the total 62,140 m2 , 8,800 m2 is subject to a lease that operates on a year-to-year basis. The remainder of the property is<br />
subject to a heritable building right (‘‘Erbbaurecht’’).<br />
(8) Substantial assets are leased pursuant to capital lease agreements.<br />
(9) Included under Sappi Limited headquarters.<br />
(10) Part of the Gratkorn mill is built on land leased from the Gratkorn municipality.<br />
(11) Muskegon ceased production on March 12, 2009.<br />
Sappi Plantations<br />
Owned by us in South Africa ...............................<br />
Hectares<br />
385,000<br />
Leased by us or managed directly in South Africa ................<br />
Projects in South Africa (owned and managed by farmers that we<br />
8,000<br />
indirectly manage through technical advice and support) ......... 96,000<br />
Leased by us in Swaziland ................................. 66,000<br />
Total ............................................... 555,000<br />
ITEM 4A. UNRESOLVED STAFF COMMENTS<br />
Not applicable<br />
49
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