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

    19 October 2016

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

    TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

    Dealings by a person closely associated with a director of Mondi Limited and
    Mondi plc

    There follows a notification form for a person closely associated with a
    director of Mondi Limited and Mondi plc.

    For the purposes of the JSE Listings Requirements: the total value of the
    transaction was £1,052,038.00. Clearance was obtained prior to the below
    dealings in securities.

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

    1   Details of the  person  discharging  managerial  responsibilities  /    
        person  closely associated                                              
                                                                                
    a)  Name                    Maitland Trustees Limited as Trustee of the     
                                Barland Trust                                   
                                                                                
    2   Reason for the notification                                             
                                                                                
    a)  Position/status         Person closely associated with David Hathorn,   
                                CEO                                             
                                                                                
    b)  Initial notification/   Initial Notification                            
        Amendment                                                               
                                                                                
    3   Details of the issuer, emission allowance market participant, auction   
        platform, auctioneer or auction monitor                                 
                                                                                
    a)  Name                    Mondi plc                                       
                                                                                
    b)  LEI                     213800LOZA69QFDC9N34                            
                                                                                
    4   Details of the transaction(s): section to be repeated for (i) each type 
        of instrument; (ii) each type of transaction; (iii) each date; and (iv) 
        each place where transactions have been conducted                       
                                                                                
    a)  Description of the      Ordinary shares of €0.20 each                   
        financial instrument,                                                   
        type of instrument                                                      
                                                                                
        Identification code     GB00B1CRLC47                                    
                                                                                
    b)  Nature of the           Disposal                                        
        transaction                                                             
                                                                                
    c)  Price(s) and volume(s)  Price(s)                Volume(s)               
                                                                                
                                £16.1852                65,000                  
                                                                                
                                                                                
    d)  Aggregated information                                                  
                                                                                
        - Aggregated volume     65,000                                          
                                                                                
        - Price                 £16.1852                                        
                                                                                
    e)  Date of transaction     2016-10-18                                      
                                                                                
    f)  Place of the            London Stock Exchange XLON                      
        transaction