Sappi Southern Africa Divisional CEO Resigns

Oct. 27, 2010 - Sappi Limited today said that Jan Labuschagne, chief executive officer of Sappi Southern Africa and a member of the Sappi Limited Executive Committee, has tendered his resignation from the company, with effect end-November 2010, to pursue other interests.

Labuschagne joined Sappi in 1992 and held various senior positions before being appointed to his current post in January 2007.

"I would like to thank Mr. Labuschagne for his enthusiasm, dedication and sterling contribution to Sappi during his time with the company. We wish him well for the future," said Ralph Boettger, CEO, Sappi Limited

Sappi said an announcement on Mr. Labuschagne's successor will be made in due course.

SOURCE: Sappi Limited