Director/PDMR Shareholding

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 plcnotify both the JSE Limited and the London Stock Exchange of those interests(and changes to those interests) of directors of both entities and therespective company secretaries, persons discharging managerial responsibilitiesacross the group and, in certain instances, the directors of major subsidiariesof Mondi Limited in the securities of Mondi Limited and Mondi plc which arerequired to be disclosed under the Listings Requirements of the JSE and/or theDisclosure and Transparency Rules of the United Kingdom Listing Authority. 31 March 2014 In accordance with Rules 3.63-3.74 of the JSE Listings Requirements and/orDisclosure and Transparency Rules 3.1.4R(1)(a), we advise of the following: TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH 1. Conditional awards of shares under the Mondi Long Term Incentive Plangranted to directors of Mondi Limited and Mondi plc, the Company Secretary ofMondi plc and Persons Discharging Managerial Responsibility Name Position Number of Shares David Hathorn Director 103,315 Carol Hunt Company Secretary 15,000 Andrew King Director 42,908 John Lindahl PDMR 35,074 Peter Oswald Director 88,147 Ron Traill PDMR 37,274 Date and place of transaction 31 March 2014, London, UK Date of notification to issuer 31 March 2014 Type of option Long Term Incentive Plan Class of share Ordinary Option price Nil cost award Vesting date After the announcement of the final results for 2016 in early 2017 Performance conditions One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2016. Additional Information The LTIP award is based on a percentage of the Executive's salary as approved by the Mondi DLC Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. 2. Conditional awards of shares under the Mondi Bonus Share Plan granted todirectors of Mondi Limited and Mondi plc, the Company Secretary of Mondi plcand Persons Discharging Managerial Responsibility Name Position Number of Shares David Hathorn Director 29,760 Carol Hunt Company Secretary 5,234 Andrew King Director 14,071 John Lindahl PDMR 12,292 Peter Oswald Director 29,293 Ron Traill PDMR 13,619 Date and place of transaction 31 March 2014, London, UK Date of notification to issuer 31 March 2014 Type of option Bonus Share Plan Class of share Ordinary Option price Nil cost award Vesting date After the announcement of the final results for 2016 in early 2017 Additional Information The share award under the BSP represents half of the Executive's total bonus as approved by the Mondi DLC Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE 1. Conditional awards of shares under the Mondi Long Term Incentive Plangranted to directors of Mondi Limited and Mondi plc and the Company Secretaryof Mondi Limited Name Position Number of Shares David Hathorn Director 44,723 Andrew King Director 18,574 Philip Laubscher Company Secretary 9,613 Date and place of transaction 31 March 2014, Johannesburg, South Africa Date of notification to issuer 31 March 2014 Type of option Long Term Incentive Plan Option price Nil cost award Class of share Ordinary Vesting date After the announcement of the final results for 2016 in early 2017 Performance conditions One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2016. Additional Information The LTIP award is based on a percentage of the Executive's salary as approved by the Mondi DLC Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. 2. Conditional awards of shares under the Mondi Bonus Share Plan granted todirectors of Mondi Limited and Mondi plc and the Company Secretary of MondiLimited Name Position Number of Shares David Hathorn Director 12,883 Andrew King Director 6,091 Philip Laubscher Company Secretary 3,245 Date and place of transaction 31 March 2014, Johannesburg, South Africa Date of notification to issuer 31 March 2014 Type of option Bonus Share Plan Class of share Ordinary Option price Nil cost award Vesting date After the announcement of the final results for 2016 in early 2017 Additional Information The share award under the BSP represents half of the Executive's total bonus as approved by the Mondi DLC Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. The requisite approval for the granting of the awards has been obtained.

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