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:

14 March 2014

TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE

On 13 March 2014 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         80,749

Total value of shares vesting    R15,785,688.39

Number of shares retained        Nil

Total value of shares retained   Nil

Number of shares sold            80,749 at R195.490822 per share

Total value of shares sold       R15,785,688.39

Nature of interest               Direct Beneficial



Name                             Andrew King

Position                         Director

Number of shares vesting         29,762

Total value of shares vesting    R5,818,197.84

Number of shares retained        Nil

Total value of shares retained   Nil

Number of shares sold            29,762 at R195.490822 per share

Total value of shares sold       R5,818,197.84

Nature of interest               Direct Beneficial



Name                             Philip Laubscher

Position                         Company Secretary, Mondi Limited

Number of shares vesting         24,465

Total value of shares vesting    R4,782,682.96

Number of shares retained        Nil

Total value of shares retained   Nil

Number of shares sold            24,465 at R195.490822 per share

Total value of shares sold       R4,782,682.96

Nature of interest               Direct Beneficial



TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 13 March 2014 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          180,479

Total value of shares vesting     £1,956,289.67

Number of shares retained         Nil

Total value of shares retained    Nil

Number of shares sold             180,479 at £10.839431 per share

Total value of shares sold        £1,956,289.67

Nature of interest                Direct Beneficial



Name                              Andrew King

Position                          Director

Number of shares vesting          69,614

Total value of shares vesting     £754,576.15

Number of shares retained         Nil

Total value of shares retained    Nil

Number of shares sold             69,614 at £10.839431 per share

Total value of shares sold        £754,576.15

Nature of interest                Direct Beneficial



Name                              Peter Oswald

Position                          Director

Number of shares vesting          153,991

Total value of shares vesting     £1,669,174.82

Number of shares retained         Nil

Total value of shares retained    Nil

Number of shares sold             153,991 at £10.839431 per share

Total value of shares sold        £1,669,174.82

Nature of interest                Direct Beneficial



Name                              Carol Hunt

Position                          Company Secretary, Mondi plc
 
Number of shares vesting          26,814

Total value of shares vesting     £290,648.50

Number of shares retained         Nil

Total value of shares retained    Nil

Number of shares sold             26,814 at £10.839431 per share

Total value of shares sold        £290,648.50

Nature of interest                Direct Beneficial



Name                              Ron Traill

Position                          PDMR

Number of shares vesting          69,147

Total value of shares vesting     £749,514.14

Number of shares retained         Nil

Total value of shares retained    Nil

Number of shares sold             69,147 at £10.839431 per share

Total value of shares sold        £749,514.14

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