2011 Final Dividend ZAR/euro Exchange Rate

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)

(Registration number: 6209386)

JSE share code: MNP ISIN: GB00B1CRLC47

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

23 February 2012

Mondi Group - 2011 Final Dividend ZAR/euro Exchange Rate

On 23 February 2012 Mondi Group announced, in its Preliminary Results
announcement, that a proposed final dividend for the year ended 31 December
2011 of 17.75 euro cents per ordinary share will be paid on 10 May 2012 to all
Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on
13 April 2012. The final dividend is subject to the approval of the members of
Mondi Limited and Mondi plc at the respective annual general meetings scheduled
for 3 May 2012.

Mondi Limited and Mondi plc will pay their respective dividends as follows:

Mondi Limited

Mondi Limited will pay its dividend in South African rand cents. The applicable
exchange rate is EUR 1 to ZAR 10.2189.

Therefore, the equivalent final dividend in rand cents per ordinary share will
be 181.38548.

Mondi plc

Mondi plc will pay its dividend in euro.

However, ordinary shareholders resident in the United Kingdom will receive the
dividend in sterling (unless shareholders have elected to receive their
dividend in euro). The last date for euro currency elections will be 13 April
2012. The exchange rate for this payment will be set on 24 April 2012.

In addition, Mondi plc South African branch register shareholders will receive
the dividend in South African rand cents, converted at a rate of EUR 1 to ZAR
10.2189. Therefore, the equivalent final dividend in rand cents per ordinary
share will be 181.38548.