Trading Statement

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') 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. 10 February 2015 Mondi Group: Trading Statement In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited,companies are required to publish a trading statement as soon as they becomereasonably certain that the financial results for the period to be reported onnext will differ by at least 20% from those of the previous correspondingperiod. Mondi is currently finalising its results for the year ended 31 December 2014which will be released on 24 February 2015. As indicated in Mondi's InterimManagement Statement released on 16 October 2014, the Group's underlyingoperating profit for the first nine months of 2014 of EUR551 million was abovethat of the comparable prior year period of EUR538 million. It can now beconfirmed that underlying operating profit for the year ended 31 December 2014is expected to be above that achieved in 2013 (EUR699 million). Furthermore, in the prior year, the Group recognised a net special item chargeafter tax of EUR74 million. The equivalent special item charge for the yearended 31 December 2014 is expected to be around EUR48 million, of which EUR16million was recognised in the first half. In the second half of the year,additional restructuring and closure costs and related impairments ofEUR37 million were recognised. Other items giving rise to a net gain of EUR5million were also recognised. Accordingly, Mondi advises that it expects earnings per share (EPS) for theyear ended 31 December 2014 to be within the ranges shown below: * basic earnings per share (euro cents) 96-99 (2013 79.8), increasing between 20% and 24% * basic headline earnings per share (euro cents) 98-101 (2013 91.3), increasing between 7% and 11% * basic underlying earnings per share (euro cents) 106-109 (2013 95.0), increasing between 12% and 15% Mondi has disclosed basic underlying EPS, which is defined as basic EPSexcluding the impact of special items, as the directors believe this provides auseful additional measure of the Group's underlying performance. Special itemsare those items of financial performance that the Group believes should beseparately disclosed to assist in the understanding of the underlying financialperformance achieved by the Group. Mondi has disclosed basic EPS which includesthe effect of special items. The disclosure of basic headline EPS is requiredunder the Listings Requirements of the JSE Limited and has been calculated inaccordance with Circular 2/2013 as issued by the South African Institute ofChartered Accountants. The above information has neither been reviewed nor audited by Mondi'sauditors. End Contact details: Mondi GroupDavid Hathorn +27 11 994 5418Andrew King +27 11 994 5415Lora Rossler +27 83 627 0292 FTI ConsultingRichard Mountain +44 7909 684 466 Editors' notes: Mondi is an international packaging and paper Group, employing around 26,000people 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, North America 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