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

    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 and the
    respective company secretaries, 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 and Transparency Rules of the United Kingdom Listing Authority.

    27 May 2016

    In accordance with Rules 3.63-3.74 of the JSE Listings Requirements and/or
    Disclosure and Transparency Rule 3.1.4R, we advise of the following:

    TRANSACTIONS IN MONDI plc ORDINARY SHARES OF EUR0.20 EACH

    Dealings by a director of Mondi Limited and Mondi plc

    The following acquisition of shares took place on-market as the result of a
    dividend reinvestment plan mandate:

    Name                          Fred Phaswana                               
                                                                              
    Date and place of transaction 27 May 2016, Johannesburg, South Africa     
                                                                              
    Date of notification to       27 May 2016                                 
    issuer                                                                    
                                                                              
    Nature of transaction         Acquisition of shares                       
                                                                              
    Class of security             Ordinary shares                             
                                                                              
    Number of shares              93 at R310.97 per share                     
                                                                              
    Total Value                   R28,920.49                                  
                                                                              
    Nature of interest            Direct Beneficial                           

    Clearance was obtained prior to the above dealings in securities.

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