Mondi Limited
    (Incorporated in the Republic of South Africa)
    (Registration number: 1967/013038/06)
    JSE share code: MND ISIN: ZAE000156550

    Mondi plc
    (Incorporated in England and Wales)
    (Registered number: 6209386)
    LEI: 213800LOZA69QFDC9N34

    JSE share code: MNP ISIN: GB00B1CRLC47
    LSE share code: MNDI

    As part of the dual listed company structure, Mondi Limited and Mondi plc
    notify both the JSE Limited and the London Stock Exchange of those interests
    (and changes to those interests) of directors of both entities, the respective
    company secretaries and persons discharging managerial responsibilities across
    the Group and, in certain instances, the directors of major subsidiaries of
    Mondi Limited in the securities of Mondi Limited and Mondi plc which are
    required to be disclosed under the Listings Requirements of the JSE and/or the
    Disclosure Guidance and Transparency Rules of the United Kingdom Listing
    Authority.

    In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE and/
    or the Disclosure Guidance and Transparency Rules we advise of the following:

    11 October 2017

    TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

    There follows a notification form for a director of Mondi Limited and Mondi
    plc.

    For the purposes of the JSE Listings Requirements: the total value of the
    transaction was £96,948.28. Clearance was obtained prior to the below dealings
    in securities.

    Sponsor in South Africa: UBS South Africa (Pty) Ltd

    1   Details of the person discharging managerial responsibilities ("PDMR")  
        (or their person closely associated ("PCA")) / restricted person        
                                                                                
    a)  Name                    Peter Oswald                                    
                                                                                
    2   Reason for the notification                                             
                                                                                
    a)  Position/status         Group CEO                                       
                                                                                
    b)  Initial notification /  Initial notification                            
        Amendment                                                               
                                                                                
    3   Details of the issuer, emission allowance market participant, auction   
        platform, auctioneer or auction monitor                                 
                                                                                
    a)  Name                    Mondi plc                                       
                                                                                
    b)  LEI                     213800LOZA69QFDC9N34                            
                                                                                
    4   Details of the transaction(s): section to be repeated for (i) each type 
        of instrument; (ii) each type of transaction; (iii) each date; and (iv) 
        each place where transactions have been conducted                       
                                                                                
    a)  Description of the      Ordinary shares of €0.20 each                   
        financial instrument,                                                   
        type of instrument                                                      
                                                                                
        Identification code     GB00B1CRLC47                                    
                                                                                
    b)  Nature of the           Acquisition of shares                           
        transaction                                                             
                                                                                
    c)  Price(s) and volume(s)  Transaction(s) Price(s)         Volume(s)       
                                                                                
                                (1)            £19.26           828             
                                Acquisition                                     
                                                                                
                                (2)            £19.25           1,172           
                                Acquisition                                     
                                                                                
                                (3)            £19.48           3,000           
                                Acquisition                                     
                                                                                
    d)  Aggregated information                                                  
                                                                                
        - Aggregated volume     5,000                                           
                                                                                
                                                                                
        - Price                 £19.39                                          
                                                                                
    e)  Date of transaction     2017-10-11                                      
                                                                                
    (f) Place of the            London Stock Exchange XLON                      
        transaction