2014 Final Dividend ZAR/euro Exchange Rate

Mondi Limited Incorporated in the Republic of South AfricaRegistered office: 4th Floor, No.3 Melrose Boulevard, Melrose Arch 2196,Gauteng, RSARegistration number: 1967/013038/06Tax registration number: 920/0017/71/4PJSE share code: MND ISIN: ZAE000156550 Mondi plcIncorporated in England and WalesRegistered office: 1st Floor, Building 1, Aviator Park, Station Road,Addlestone, Surrey KT15 2PG, UKRegistered number: 6209386Tax registration number: 454 12394 14454JSE share code: MNP ISIN: GB00B1CRLC47LSE 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 StockExchange of matters required to be disclosed under the Listings Requirements ofthe JSE Limited and/or the Disclosure and Transparency and Listing Rules of theUnited Kingdom Listing Authority. 24 February 2015 Mondi Group - 2014 Final Dividend ZAR/euro Exchange Rate On 24 February 2015 Mondi Group announced, in its Preliminary Resultsannouncement, that a proposed final dividend for the year ended 31 December2014 of 28.77 euro cents per ordinary share will be paid on 21 May 2015 to allMondi Limited and Mondi plc ordinary shareholders on the relevant registers on24 April 2015. The final dividend is subject to the approval of theshareholders of Mondi Limited and Mondi plc at the respective annual generalmeetings scheduled for 13 May 2015. Mondi Limited and Mondi plc will pay their respective dividends as follows: Mondi Limited Mondi Limited will pay its dividend in South African rand cents. The applicableexchange rate is EUR 1 to ZAR 13.18700. Therefore, the equivalent gross final dividend in rand cents per ordinary sharewill be 379.38999. Dividend tax will be withheld from Mondi Limitedshareholders at a rate of 15%, unless a shareholder qualifies for an exemption,resulting in a net dividend of 322.48149 rand cents per ordinary share. Mondi plc Mondi plc will pay its dividend in euro. However, ordinary shareholders resident in the United Kingdom will receive thedividend in sterling (unless shareholders have elected to receive theirdividend in euro). The last date for euro currency elections will be 24 April2015. The exchange rate for this payment will be set on 5 May 2015. In addition, Mondi plc South African branch register shareholders will receivethe dividend in South African rand cents, converted at a rate of EUR 1 to ZAR13.18700. Therefore, the equivalent gross final dividend in rand cents perordinary share will be 379.38999. Dividend tax will be withheld from Mondi plcSouth African branch register shareholders at a rate of 15%, unless ashareholder qualifies for an exemption, resulting in a net dividend of322.48149 rand cents per ordinary share. Additional Information No secondary tax on companies (STC) credits will be used for the payment of thefinal dividend which will be paid from income reserves. Mondi Limited had a total of 118,312,975 ordinary shares in issue and Mondi plc367,240,805 ordinary shares in issue of which 150,208,382 were held on thebranch register, excluding treasury shares, at the dividend recommendation dateof 24 February 2015.

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