Further re acquisition of Walki Group plants

MONDI PLC - Further re acquisition of Walki Group plants

PR Newswire

London, December 15

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

15 December 2015

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 London Stock Exchange of matters required to be disclosed under the Listings Requirements of the JSE Limited and/or the Disclosure Rules and Transparency Rules and/or the Listing Rules of the United Kingdom Listing Authority.

Mondi Group and Walki Group withdraw European Commission application and terminate agreement

Following the announcement made on 22 May 2015 that Mondi Group (Mondi) agreed to acquire two of Walki Group’s (Walki) extrusion coatings plants located in Finland and Poland, Mondi and Walki have been in discussions with the European Commission about ways to alleviate concerns related to the impact on the competitive environment. However, no workable solution suitable for all parties has been found and therefore Walki and Mondi have decided to withdraw the application to the Commission and terminate the acquisition agreement.

Extrusion coatings remain a core part of Mondi’s business and product portfolio and Mondi will continue to operate its extrusion coatings business as before to the benefit of its customers and other stakeholders.

Contact:

Mondi Group

Lora 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 25,000 people across more than 30 countries. Our key operations are located in central Europe, Russia, North America and South Africa. We offer over 100 packaging and paper products, customised into more than 100,000 different solutions for customers and end consumers. In 2014, Mondi had revenues of €6.4 billion and a 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, to developing effective and innovative industrial and consumer packaging solutions. Our innovative technologies and products can be found in a variety of applications including hygiene components, stand-up pouches, super-strong cement bags, clever retail boxes and office paper. Our key customers are in industries such as automotive; building and construction; chemicals; food and beverage; home and personal care; medical and pharmaceutical; packaging and paper converting; pet care; and office and professional printing.

Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI.

For us, sustainable development makes good business sense. We don’t just talk about sustainability; we make it part of the way we work every day. We have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.

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