Extension for South African investors in Mondi plc

Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000097051

Mondi plc
(Incorporated in England and Wales)
(Registration 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 JSE Listings
Requirements and/or the Disclosure and Transparency and Listing Rules of the
United Kingdom Listing Authority.

18 March 2009

Extension of time period for South African institutional investors to rebalance
their foreign investment in Mondi plc

Mondi Group has today been advised by the South African Reserve Bank (SARB)
that it has agreed to an extension of the time period within which South Africa
institutional investors that received Mondi plc shares as a result of the
demerger from Anglo American plc in July 2007 must rebalance their portfolios
to fall in line with the applicable foreign investment limits. SARB has agreed
to extend the period by a further 24 months, expiring 1 July 2011.

At the time of Mondi's demerger, and as detailed in the Prospectus dated 1 June
2007, SARB indicated that the inward listing of Mondi plc ordinary shares on
the JSE Limited would be treated as foreign assets in the hands of qualifying
South African investors. SARB had given a period of 24 months from the date of
demerger (2 July 2007) for institutional investors to rebalance their
portfolios in line with the foreign investment limits.

Individuals continue to be permitted to hold their Mondi plc ordinary shares
without restriction. Similarly, in accordance with Exchange Control Circular
No. 7/2008, South African companies, trusts, partnerships and banks are
permitted to trade and hold inward listed (foreign) securities.

Contacts details:

Mondi Group

David Hathorn Tel: [phone]

Andrew King Tel: [phone]