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


26 January 2015


Notification of Major Interests in Shares

As part of the dual listed company structure, Mondi Limited and Mondi plc
notify both the JSE Limited and the London Stock Exchange of matters required
to be disclosed under the Listings Requirements of the JSE and/or the
Disclosure and Transparency Rules of the United Kingdom Listing Authority.

 1. Identity of the issuer or the underlying issuer of existing shares to which
    voting rights are attached:

Mondi plc


 2. Reason for notification

An acquisition or disposal of voting rights


 3. Full name of person(s) subject to the notification obligation:

Public Investment Corporation Limited


 4. Full name of shareholder(s) (if different from 3.):

N/A


 5. Date of the transaction (and date on which the threshold is crossed or
    reached if different):

23 January 2015


 6. Date on which issuer notified:

23 January 2015


 7. Threshold(s) that is/are crossed or reached:

8%


 8. Notified details:

A: Voting rights attached to shares

Class/type of  Situation previous   Resulting situation after the triggering
shares if      to the triggering    transaction
possible using transaction
the ISIN Code

               No. of      No. of   No. of      No. of voting   % of voting
               shares      voting   shares      rights          rights
                           rights
                                    Direct      Direct Indirect Direct

MNP            28,983,935  -        29,529,597  -      -        8.041%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of         Expiration  Exercise/         Number of voting     % of voting
financial       date        Conversion Period rights that may be   rights
instrument                                    acquired if the
                                              instrument is
                                              exercised/
                                              converted.

N/A


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of        Exercise  Expiration Exercise/        Number of      % of voting
financial      Price     date       Conversion       voting rights  rights
instrument                          Period           instrument
                                                     refers to

N/A


Total (A+B+C)


Number of voting rights                % of voting rights

29,529,597                             8.041%


 9. Chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held, if applicable:

N/A


Proxy Voting:

10. Name of the proxy holder:

N/A


11. Number of voting rights proxy holder will cease to hold:

N/A


12. Date on which proxy holder will cease to hold voting rights:

N/A


13. Additional information:

N/A


14. Contact name:

Abigail Recker


15. Contact telephone number:

01932 826 369


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