Acquisition(s)

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: GB00B1CRLC47LSE share code: MNDI 22 May 2015 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 Rules and Transparency Rules and/or theListing Rules of the United Kingdom Listing Authority. Mondi Group signs agreement to acquire two Walki Group extrusion coatings sites Mondi Group has signed an agreement with Walki Oy ("Walki") for the acquisitionof two extrusion coatings plants located in Pietarsaari, Finland and Wroclaw,Poland (the "Operations"). The consideration to be paid for 100% of the Operations amounts to EUR60m on adebt- and cash-free basis and will be paid in cash at completion. For thetwelve months ended 30 April 2015, the Operations generated unaudited pro formaconsolidated adjusted revenues of EUR113m and unaudited pro forma consolidatedadjusted EBITDA of EUR9m. The acquisition will strengthen Mondi Group's position in the Europeanextrusion coatings market and increase the range of technical capabilities onoffer to customers. The transaction remains subject to competition clearanceand other customary closure conditions and is expected to complete by the thirdquarter of 2015. Poyry Capital is acting as financial adviser to Mondi. Contact: Mondi GroupLora RosslerGroup Head of CommunicationsTel: +27 (0)31 451 2111 or +27 (0)83 627 0292E-mail: [email protected] Andrew KingGroup CFOTel: +27 (0)11 994 5415E-mail: [email protected] About Mondi: Mondi is an international packaging and paper Group, employing around 25,000people across more than 30 countries. Our key operations are located in centralEurope, Russia, North America and South Africa. We offer over 100 packaging andpaper products, customised into more than 100,000 different solutions forcustomers and end consumers. In 2014, Mondi had revenues of EUR6.4 billion anda return on capital employed of 17.2%. The Mondi Group is fully integrated across the packaging and paper value chain- from managing forests and producing pulp, paper and compound plastics, todeveloping effective and innovative industrial and consumer packagingsolutions. Our innovative technologies and products can be found in a varietyof applications including hygiene components, stand-up pouches, super-strongcement bags, clever retail boxes and office paper. Our key customers are inindustries such as automotive; building and construction; chemicals; food andbeverage; home and personal care; medical and pharmaceutical; packaging andpaper converting; pet care; and office and professional printing. Mondi has a dual listed company structure, with a primary listing on the JSELimited for Mondi Limited under the ticker code MND and a premium listing onthe London Stock Exchange for Mondi plc, under the ticker code MNDI. For us, sustainable development makes good business sense. We don't just talkabout sustainability; we make it part of the way we work every day. We havebeen included in the FTSE4Good Index Series since 2008 and the JSE's SociallyResponsible Investment (SRI) Index since 2007.

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