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James E Healey joins Sappi Limited Board

Press release from the issuing company

July 8, 2004 -- Sappi Limited, the global pulp and paper group, today announced that James E Healey has joined the Sappi Limited Board with effect from 07 July 2004 as a non-executive director. Mr Healey has held various senior financial positions in a career spanning 37 years.  He began his career as an auditor with Ernst & Young and from 1973 until his retirement at the end of 2000, he held various financial positions in the consumer goods industry.  He became Vice President and Treasurer of Bestfoods, formerly CPC International Inc in 1995.  In 1997 he moved to Nabisco Holdings Inc, one of the world’s largest snack food manufacturers, as Executive Vice President and Chief Financial Officer, a position from which he retired at the end of 2000.  Mr Healey is an American citizen and lives in Woodcliff Lake, New Jersey.  He holds several other directorships. Sappi Chairman Eugene van As said today that “We are delighted that Jim Healey is able to join the Sappi Board.  He will bring a new and wide international perspective to our debates and a wealth of financial and corporate governance experience to the board.”