Result of AGM

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

4 May 2012

Annual General Meetings - Mondi Limited and Mondi plc

As part of the dual listed company structure, Mondi Limited and Mondi plc
notify both the JSE Limited and the London Stock Exchange of matters required
to be disclosed under the Listings Requirements of the JSE and/or the
Disclosure and Transparency and Listing Rules of the United Kingdom Listing
Authority.

The Annual General Meetings of Mondi Limited and Mondi plc were
both held on 3 May 2012. As required by the dual listed company structure, all
resolutions were treated as Joint Electorate Actions and were decided on a
poll. All resolutions at both meetings were passed with the exception of
resolutions 22 and 32. The voting results of the Joint Electorate Actions are
identical and are given below. Overall 77% of the total Group shares were
voted.

Resolution 22 proposed that the directors of Mondi Limited be given
authority to allot and issue ordinary shares of Mondi Limited for cash.
Resolution 32 proposed that the directors of Mondi plc be given authority to
allot equity securities for cash in connection with a rights issue to ordinary
shareholders. We note that South African shareholders have particular concerns
about these types of resolution which we understand are not specific to Mondi
and they routinely vote against such resolutions.

Resolution                                     Votes             %       Votes     %           Votes            Votes 
                                                 For                   Against                 total         Withheld
Common Business: Mondi Limited and Mondi
plc
1. To re-elect Stephen Harris            369,975,297         98.89   4,146,683  1.11     374,121,980            8,504
as a director
2. To re-elect David Hathorn             373,535,358         99.84     586,549  0.16     374,121,907            8,577
as a director
3. To re-elect Andrew King               373,535,453         99.84     586,527  0.16     374,121,980            8,504
as a director
4. To re-elect Imogen Mkhize             373,704,129         99.89     417,919  0.11     374,122,048            8,436
as a director
5. To re-elect John Nicholas                                 99.91     322,561  0.09     374,121,980            8,504
as a director                            373,799,419
6. To re-elect Peter Oswald              370,473,014         99.02   3,648,897  0.98     374,121,911            8,573
as a director
7. To re-elect Anne Quinn as             373,799,167         99.91     322,594  0.09     374,121,761            8,723
a director
8. To re-elect Cyril Ramaphosa           328,866,438         88.41  43,106,829 11.59     371,973,267        2,157,217
as a director
9. To re-elect David Williams            370,523,377         99.04   3,598,603  0.96     374,121,980            8,504
as a director
10. To elect Stephen Harris              371,371,215         99.88     433,773  0.12     371,804,988        2,325,496
as a member of the DLC audit
committee
11. To elect John Nicholas as            373,703,055         99.94     235,725  0.06     373,938,780          191,704
a member of the DLC audit
committee
12. To elect Anne Quinn as a             373,703,074         99.94     235,458  0.06     373,938,532          191,952
member of the DLC audit
committee
Mondi Limited Business
13. To receive the report and            374,109,441         99.99      19,541  0.01     374,128,982            1,502
accounts
14. To approve the remuneration          369,492,705         98.80   4,479,519  1.20     373,972,224          158,260
policy
15. To confirm the director fees*        374,024,775         99.97      99,850  0.03     374,124,625            5,859
16. To declare a final dividend          374,128,008        100.00         974  0.00     374,128,982            1,502
17. To reappoint the auditors            374,019,117         99.97     107,744  0.03     374,126,861            3,623
18. To authorise the DLC audit           374,049,989         99.98      73,469  0.02     374,123,458            7,026
committee to determine the
auditors' remuneration
19. To authorise the directors to        369,718,145         98.82   4,411,701  1.18     374,129,846            8,638
provide direct or indirect
financial assistance*
20. To place 5% of the issued            241,532,196         64.56 132,598,456 35.44     374,130,652            7,332
ordinary shares of Mondi Limited
under the control of the directors
of Mondi Limited
21. To place 5% of the special           241,731,717         64.61 132,391,436 35.39     374,123,153            7,331
converting shares of Mondi Limited
under the control of the directors
of Mondi Limited
22. To authorise the directors to        241,757,042         64.63 132,331,671 35.37     374,088,713           41,771
allot and issue ordinary shares of
Mondi Limited for cash‡
23. To authorise Mondi Ltd to            373,272,059         99.92     295,429  0.08     373,567,488          562,996
purchase its own shares*
24. To adopt a new Memorandum            373,933,188        100.00      15,949  0.00     373,949,137          189,347
of Incorporation of Mondi Limited*
25. To amend the borrowing               373,940,944        100.00       8,193  0.00     373,949,137          189,347
powers in the Memorandum
of Incorporation of Mondi Limited*
Mondi plc Business
26. To receive the report and            374,135,616         99.99      19,397  0.01     374,155,013              831
accounts
27. To approve the remuneration          369,263,750         98.79   4,527,220  1.21     373,790,970          339,514
report
28. To declare a final dividend          374,154,142        100.00         871  0.00     374,155,013              831
29. To reappoint the auditors            374,045,296         99.97     107,863  0.03     374,153,159            2,685
30. To authorise the DLC audit           374,079,340         99.98      73,325  0.02     374,152,665            3,179
committee to determine the
auditors' remuneration
31. To authorise the directors to         232,961,015        62.27 141,167,159 37.73     374,128,174           10,310
allot relevant securities
32. To authorise the directors to         237,159,257        63.39 136,973,415 36.61     374,132,672            5,812
disapply pre-emption rights*
33. To authorise Mondi plc to             370,171,440        99.04   3,578,379  0.96     373,749,819          380,665
purchase its own shares*
34. To adopt new Articles of              370,475,695        99.07   3,473,797  0.93     373,949,492          188,992
Association of Mondi plc*
35. To amend the borrowing                373,941,345       100.00       8,024  0.00     373,949,369          189,115
powers in the Articles of
Association of Mondi plc*
 
* Special Resolutions

‡ 75% votes in favour required pursuant to the Listings Requirements of the JSE Limited.

Philip Laubscher        Carol Hunt
Company Secretary       Company Secretary
Mondi Limited           Mondi plc