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

    24 August 2016

    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 Guidance 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:

    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):

    23 August 2016

    6. Date on which issuer notified:

    24 August 2016

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

    Voting rights attached to shares holding for BlackRock, Inc. has gone below 5%

    8. Notified details:

    A:  Voting rights attached to shares

    Class/type of    Situation previous to   Resulting situation after the triggering         
    shares           the triggering          transaction                                      
                     transaction                                                              
                                                                                              
                     No. of     No. of       No. of      No. of voting rights % of voting     
                     shares     Voting       shares                           rights          
                                Rights                                                        
                                             Direct      Direct  Indirect     Direct  Indirect
                                                                                              
    GB00B1CRLC47     18,788,518 18,788,518   N/A         N/A     17,229,286   N/A     4.69%   

    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.                       
                                                                                    
    Securities       N/A         N/A               3,114,971            0.84%       
    Lending                                                                         

    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 rights     
    financial   Price      date        Conversion    voting rights                         
    instrument                         Period        instrument                            
                                                     refers to                             
                                                                                           
                                                                    Nominal       Delta    
                                                                                           
    CFD         N/A        N/A         N/A           1,572,076      0.42%         0.42%    

    Total (A+B+C)

    Number of voting rights              % of voting rights                    
                                                                               
    21,916,333                           5.96%                                 

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

    See Annex 1

    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

    Annex 1

    Name                                   % of voting     % of voting rights Total of both  
                                           rights if it    through financial  if it equals or
                                           equals or is    instruments if it  is higher than 
                                           higher than the equals or is       the notifiable 
                                           notifiable      higher than the    threshold      
                                           threshold       notifiable                        
                                                           threshold                         
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Group Limited                                                                  
                                                                                             
    BlackRock Advisors (UK) Limited                                                          
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock Holdco 4, LLC                                                                  
                                                                                             
    BlackRock Holdco 6, LLC                                                                  
                                                                                             
    BlackRock Delaware Holdings Inc.                                                         
                                                                                             
    BlackRock Fund Advisors                                                                  
                                                                                             
    BlackRock Institutional Trust Company,                                                   
    National Association                                                                     
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    Trident Merger, LLC                                                                      
                                                                                             
    BlackRock Investment Management, LLC                                                     
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock Holdco 4, LLC                                                                  
                                                                                             
    BlackRock Holdco 6, LLC                                                                  
                                                                                             
    BlackRock Delaware Holdings Inc.                                                         
                                                                                             
    BlackRock Fund Advisors                                                                  
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock Capital Holdings, Inc.                                                         
                                                                                             
    BlackRock Advisors, LLC                                                                  
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Group Limited                                                                  
                                                                                             
    BlackRock Investment Management (UK)                                                     
    Limited                                                                                  
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Holdco 3, LLC                                                                  
                                                                                             
    BlackRock Canada Holdings LP                                                             
                                                                                             
    BlackRock Canada Holdings ULC                                                            
                                                                                             
    BlackRock Asset Management Canada                                                        
    Limited                                                                                  
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Group Limited                                                                  
                                                                                             
    BlackRock International Limited                                                          
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock (Singapore) Holdco Pte. Ltd.                                                   
                                                                                             
    BlackRock Asia-Pac Holdco, LLC                                                           
                                                                                             
    BlackRock HK Holdco Limited                                                              
                                                                                             
    BlackRock Cayco Limited                                                                  
                                                                                             
    BlackRock Trident Holding Company                                                        
    Limited                                                                                  
                                                                                             
    BlackRock Japan Holdings GK                                                              
                                                                                             
    BlackRock Japan Co., Ltd.                                                                
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Australia Holdco Pty. Ltd.                                                     
                                                                                             
    BlackRock Investment Management                                                          
    (Australia) Limited                                                                      
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Group Limited                                                                  
                                                                                             
    BlackRock Investment Management (UK)                                                     
    Limited                                                                                  
                                                                                             
    BlackRock Asset Management Deutschland                                                   
    AG                                                                                       
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock (Singapore) Holdco Pte. Ltd.                                                   
                                                                                             
    BlackRock (Singapore) Limited                                                            
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock (Singapore) Holdco Pte. Ltd.                                                   
                                                                                             
    BlackRock Asia-Pac Holdco, LLC                                                           
                                                                                             
    BlackRock HK Holdco Limited                                                              
                                                                                             
    BlackRock Asset Management North Asia                                                    
    Limited                                                                                  
                                                                                             
    BlackRock, Inc.                                                                          
                                                                                             
    BlackRock Holdco 2, Inc.                                                                 
                                                                                             
    BlackRock Financial Management, Inc.                                                     
                                                                                             
    BlackRock International Holdings, Inc.                                                   
                                                                                             
    BR Jersey International Holdings L.P.                                                    
                                                                                             
    BlackRock Group Limited                                                                  
                                                                                             
    BlackRock (Netherlands) B.V.                                                             

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