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: GB00B1CRLC47
LSE share code: MNDI

As part of the dual listed company structure, Mondi Limited and Mondi plc notify both the JSE Limited and the London Stock Exchange of those interests (and changes to those interests) of directors of both entities and the respective company secretaries, persons discharging managerial responsibilities across the Group and, in certain instances, the directors of major subsidiaries of Mondi Limited in the securities of Mondi Limited and Mondi plc which are required to be disclosed under the Listings Requirements of the JSE and/or the Disclosure and Transparency Rules of the United Kingdom Listing Authority.

In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following:

10 March 2016

TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE

On 9 March 2016 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi Limited Long Term Incentive Plan Awards:

Name	David Hathorn
Position	Director
Number of shares vesting	55,233
Total value of shares vesting	R 16,169,764.53
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	55,233 at R 292.7555 per share
Total value of shares sold	R 16,169,764.53
Nature of interest	Direct Beneficial

Name	Andrew King
Position	Director
Number of shares vesting	22,939
Total value of shares vesting	R 6,715,518.41
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	22,939 at R 292.7555 per share
Total value of shares sold	R 6,715,518.41
Nature of interest	Direct Beneficial

Name	Philip Laubscher
Position	Company Secretary, Mondi Limited
Number of shares vesting	15,302
Total value of shares vesting	R 4,479,744.66
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	15,302 at R 292.7555 per share
Total value of shares sold	R 4,479,744.66
Nature of interest	Direct Beneficial

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 9 March 2016 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi plc Long Term Incentive Plan Awards:

Name	David Hathorn
Position	Director
Number of shares vesting	128,740
Total value of shares vesting	£1,727,034.23
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	128,740 at £13.4149 per share
Total value of shares sold	£1,727,034.23
Nature of interest	Direct Beneficial

Name	Andrew King
Position	Director
Number of shares vesting	53,467
Total value of shares vesting	£717,254.46
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	53,467 at £13.4149 per share
Total value of shares sold	£717,254.46
Nature of interest	Direct Beneficial

Name	Peter Oswald
Position	Director
Number of shares vesting	115,276
Total value of shares vesting	£1,546,416.01
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	115,276 at £13.4149 per share
Total value of shares sold	£1,546,416.01
Nature of interest	Direct Beneficial

Name	Carol Hunt
Position	Company Secretary, Mondi plc
Number of shares vesting	18,614
Total value of shares vesting	£249,704.95
Number of shares retained	Nil
Total value of shares retained	Nil
Number of shares sold	18,614 at £13.4149 per share
Total value of shares sold	£249,704.95
Nature of interest	Direct Beneficial

Name	John Lindahl
Position	PDMR
Number of shares vesting	43,714
Total value of shares vesting	£586,418.94
Number of shares retained	23,168
Total value of shares retained	£310,796.40
Number of shares sold	20,546 at £13.4149 per share
Total value of shares sold	£275,622.54
Nature of interest	Direct Beneficial

Name	Ron Traill
Position	PDMR
Number of shares vesting	48,811
Total value of shares vesting	£654,794.68
Number of shares retained	28,798
Total value of shares retained	£386,322.29
Number of shares sold	20,013 at £13.4149 per share
Total value of shares sold	£268,472.39
Nature of interest	Direct Beneficial

All trades took place off market. Clearance was obtained prior to the above dealings in securities

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