PA­PER­ING OVER THE FACT

Finweek English Edition - - FEEDBACK - Fin­week A Sappi in­sider

I wanted to bring to your ur at­ten­tion some in­cor­rect ct Sappi in­for­ma­tion used d for the share price graphic ic in the 29 Au­gust is­sue e of Fin­week. The Sappi i share price be­fore and af­ter their rights is­sue at the end of 2008 is be­ing con­fused. In or­der to have an ‘ap­ples to ap­ples’ com­par­i­son, the price ce from five years ago es­sen­tially should be halved be­cause share­hold­ers re­ceived dou­ble their shares through the rights is­sue. While the Sappi price to­day is still be­low that which it was five years ago, the num­ber wouldn’t be nearly as dra­matic

Your thoughts? Well, yes and no.

The share price we of­fered in the in­fo­graphic

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