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)
(Registration number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47

LSE share code: MNDI

26 July 2012

Mondi Group: Trading Statement

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 and/or the Disclosure and Transparency and Listing Rules of the United
Kingdom Listing Authority.

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 become
reasonably certain that the financial results for the period to be reported on
next will differ by at least 20% from those of the previous corresponding
period.

Mondi is currently finalising its results for the half year ended 30 June 2012,
which will be released on 7 August 2012. As announced in Mondi's Interim
Management Statement released on 3 May 2012, the Group's underlying operating
profit in the first quarter 2012 of EUR120 million was below that of the
comparable prior year period of EUR179 million. It can now be confirmed that
the underlying operating profit for the second quarter of 2012 is expected to
be higher than that of the first quarter, but below that achieved in the
comparable prior year period (EUR175 million). As such, underlying operating
profit for the half year ended 30 June 2012 is expected to be lower than that
of the comparable prior year period.

Accordingly, Mondi advises that it expects earnings per share (`EPS') for the
half year ended 30 June 2012 to be within the ranges shown below:

  * basic underlying earnings per share (euro cents) 28 to 33 (2011 38.2)
   
  * basic earnings per share (combined operations) (euro cents) 29 to 34 (2011
    41.6)
   
  * basic headline earnings per share (euro cents) 28 to 33 (2011 39.4)
   
Mondi has disclosed basic underlying EPS, which is defined as basic EPS
excluding the impact of special items, as the directors believe this provides a
useful additional measure of the Group's underlying performance. Mondi has
disclosed basic EPS (combined operations) which comprises the total operations
of the Group including the discontinued operation in 2011 and the effect of
special items. The disclosure of basic headline EPS is required under the
Listings Requirements of the JSE Limited and has been calculated in accordance
with Circular 3/2009 as issued by the South African Institute of Chartered
Accountants.

The above information has neither been reviewed nor audited by Mondi's
auditors.

End

Contact details:

Mondi Group
David Hathorn [phone]
Andrew King   [phone]
Lora Rossler  [phone] / [phone]

FTI Consulting
Richard Mountain [phone] / [phone]

Editors' notes:

Mondi is an international packaging and paper Group, with production operations
across 28 countries and revenues of EUR5.7 billion in 2011. The Group's key
operations are located in central Europe, Russia and South Africa and as at the
end of 2011, Mondi Group employed 23,400 people.

Mondi Group is fully integrated across the paper and packaging process, from
the growing of wood and the manufacture of pulp and paper (including recycled
paper), to the conversion of packaging papers into corrugated packaging,
industrial bags and coatings.

The Group is principally involved in the manufacture of packaging paper,
converted packaging products and uncoated fine paper (UFP).

Mondi Group 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. The
Group has been recognised for its sustainability through its inclusion in the
FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's
Socially Responsible Investment (SRI) Index since 2007. The Group was also
included in the FTSE350 Carbon Disclosure Leadership Index for the second year.

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