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
    (together "Mondi Group") notify both the JSE Limited and the London Stock
    Exchange of matters required to be disclosed under the Listings Requirements of
    the JSE Limited and/or the Disclosure and Transparency and Listing Rules of the
    United Kingdom Listing Authority.

    13 April 2016

    Disclosure of Acquisition or Disposal of Securities - Mondi Limited

    In accordance with section 122 of the South African Companies Act, 71 of 2008
    and Regulation 121 of the South African Companies Regulations, 2011, we advise
    the market of the following:

    On 13 April 2016 Mondi Limited was advised that Coronation Asset Management
    (Pty) Ltd disposed of a beneficial interest in securities of Mondi Limited,
    such that the total of all beneficial interests of the securities of that class
    held by it are now 13.87% of the total issued securities of the class.

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