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 As part of the dual listed company structure, Mondi Limited and Mondi plc(together 'Mondi Group' or `Mondi') notify both the JSE Limited and the LondonStock Exchange of matters required to be disclosed under the ListingsRequirements of the JSE Limited and/or the Disclosure and Transparency andListing Rules of the United Kingdom Listing Authority. 3 June 2014 Mondi Group to acquire the industrial bags and kraft paper business of GraphicPackaging International, Inc. in the US Mondi Group is pleased to announce it has agreed to acquire the bags and kraftpaper business ("the Business") of Graphic Packaging International Inc., awholly owned subsidiary of Graphic Packaging Holding Company, for a totalconsideration of USD105 million on a debt- and cash-free basis (the"Acquisition"). The Business is a leading player in the production and distribution of kraftpaper and bags in the United States of America (the "US"). The production basecomprises an integrated kraft paper mill located in Pine Bluff Arkansas, withproduction capacity of 135 thousand tonnes per annum, and nine bags plantsacross the US. The Business generated unaudited pro forma sales ofapproximately USD437 million in the twelve months ended 31 March 2014. Mondi is a leading global supplier of kraft paper and industrial bags, with anetwork of 36 industrial bags plants in Europe, the Middle East, North Africa,South-East Asia and North America, including four plants in Mexico and the US,and five kraft paper mills in Europe producing over 1 million tonnes per annum. The consideration payable for the Acquisition will be funded from existingresources available to the Mondi Group. The acquisition is expected to completetowards the end of Q2/early Q3 2014, subject to certain completion conditions,including the approval of the relevant competition authorities. Commenting on the Acquisition, David Hathorn, Chief Executive of Mondi Group,said: "The combination of the Business with Mondi's existing network will create aleading bags player in North America and expand the Group's growing globalfootprint in this market. We look forward to offering innovative solutions toour enlarged customer base. I am confident that the synergies expected from the Acquisition, coupled withMondi's proven expertise as a leading global kraft paper and industrial bagsproducer, will ensure that the combined business delivers strongly." /ends Contact: Mondi Group Lora RosslerGroup Corporate Affairs ManagerTel: +27 (0)83 627 0292E-mail: [email protected] Andrew KingGroup CFOTel: +27 (0)11 994 5415E-mail: [email protected] FTI Consulting Richard Mountain+44 7909 684 466 Sophie McMillan+44 20 3727 1359 About Mondi: Mondi is an international packaging and paper Group, employing around 24,000people in production facilities across 31 countries. In 2013, Mondi hadrevenues of EUR6.5 billion and a ROCE of 15.3%. The Group's key operations arelocated in central Europe, Russia, the Americas and South Africa. The Mondi Group is fully integrated across the packaging and paper value chain- from the management of its own forests and the production of pulp and paper(packaging paper and uncoated fine paper), to the conversion of packaging paperinto corrugated packaging, industrial bags, extrusion coatings and releaseliner. Mondi is also a supplier of innovative consumer packaging solutions,advanced films and hygiene products components. 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. TheGroup's performance, and the responsible approach it takes to good businesspractice, has been recognised by its inclusion in the FTSE4Good Global,European and UK Index Series (since 2008) and the JSE's Socially ResponsibleInvestment (SRI) Index since 2007.

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