Mondi : Director Declaration

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 issuer 27 May 2016

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