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: 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.

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 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 year ended 31 December 2014
which will be released on 24 February 2015. As indicated in Mondi's Interim
Management Statement released on 16 October 2014, the Group's underlying
operating profit for the first nine months of 2014 of EUR551 million was above
that of the comparable prior year period of EUR538 million. It can now be
confirmed that underlying operating profit for the year ended 31 December 2014
is expected to be above that achieved in 2013 (EUR699 million).

Furthermore, in the prior year, the Group recognised a net special item charge
after tax of EUR74 million. The equivalent special item charge for the year
ended 31 December 2014 is expected to be around EUR48 million, of which EUR16
million was recognised in the first half. In the second half of the year,
additional restructuring and closure costs and related impairments of
EUR37 million were recognised. Other items giving rise to a net gain of EUR5
million were also recognised.

Accordingly, Mondi advises that it expects earnings per share (EPS) for the
year 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 EPS
excluding the impact of special items, as the directors believe this provides a
useful additional measure of the Group's underlying performance. Special items
are those items of financial performance that the Group believes should be
separately disclosed to assist in the understanding of the underlying financial
performance achieved by the Group. Mondi has disclosed basic EPS which includes
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 2/2013 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]

FTI Consulting
Richard Mountain [phone]


Editors' notes:

Mondi is an international packaging and paper Group, employing around 26,000
people in production facilities across 31 countries. In 2013, Mondi had
revenues of EUR6.5 billion and a ROCE of 15.3%. The Group's key operations are
located 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 paper
into corrugated packaging, industrial bags, extrusion coatings and release
liner. 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 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's performance, and the responsible approach it takes to good business
practice, has been recognised by its inclusion in the FTSE4Good Global,
European and UK Index Series (since 2008) and the JSE's Socially Responsible
Investment (SRI) Index since 2007.

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