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

    2 June 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

    Acquisition or disposal of voting rights

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

    BlackRock, Inc

    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):

    29 May 2015

    6. Date on which issuer notified:

    1 June 2015

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

    Total holding has gone above 5%. Voting rights attached to shareholding have
    gone above 5%.

    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 rights  % of voting rights 
                      shares   voting     shares                                            
                               rights                                                       
                                          Direct   Direct  Indirect      Direct   Indirect  
                                                                                            
    GB00B1CRLC47      N/A      N/A        N/A      N/A     18,788,518    N/A      5.11%     

    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                       
                                                                                    
                                                                   Nominal   Delta  
                                                                                    
    CFD                                             2,071,958      0.56%     0.56%  

    Total (A+B+C)

    Number of voting rights              % of voting rights                    
                                                                               
    20,860,476                           5.68%                                 

    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:

    Jenny Hampshire

    15. Contact telephone number:

    01932 826 368

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