MONDI LIMITED - Notification of Major Interests in Shares

Notification of Major Interests in Shares

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)
LEI: 213800LOZA69QFDC9N34
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI

22 November 2018

Notification of Major Interests in Shares

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
Guidance and Transparency Rules of the United Kingdom Listing
Authority.

1a. Identity of the issuer or the underlying issuer of
   existing shares to which voting rights are attached:

  Mondi plc

1b. Please indicate if the issuer is a non-UK issuer:

  N/A

2. Reason for notification

  An acquisition or disposal of voting rights

3. Details of person(s) subject to the notification
   obligation:

  Name: Public Investment Corporation Soc Limited

  City and country of registered office: Pretoria, South
  Africa

4. Full name of shareholder(s) (if different from 3.):

  N/A
        5. Date on which the threshold was crossed or reached:

             20 November 2018

        6. Date on which issuer notified:

             22 November 2018

        7. Total positions of person(s) subject to the notification
           obligation:

                     % of voting       % of voting         Total of both Total number
                   rights attached    rights through        in % (8.A +  of voting
                   to shares (total      financial             8.B)      rights of
                       of 8. A)        instruments                       issuer
                                      (total of 8.B
                                        1 + 8.B 2)

Resulting
situation on    4.996                 N/A                 4.996            367,240,805
the date on
which threshold
was crossed or
reached
Position of
previous        5.037                 N/A                 5.037            N/A
notification
(if applicable)


        8. Notified details of the resulting situation on the date
           which the threshold was crossed or reached:

        A:     Voting rights attached to shares


Class/type of    No. of voting rights             % of voting rights
shares
ISIN code (if    Direct         Indirect          Direct             Indirect
possible)        (Art 9 of      (Art 10 of        (Art 9 of          (Art 10 of
                 Directive      Directive         Directive          Directive
                 2004/109/EC)   2004/109/EC)      2004/109/EC)       2004/109/EC)
                 (DTR5.1)       (DTR5.2.1)        (DTR5.1)           (DTR5.2.1)

GB00B1CRLC47     18,348,063     N/A               4.996              N/A
Subtotal 8.A   18,348,063                         4.996




        B1: Financial Instruments according to Art. 13(1)(a) of
        Directive 2004/109/EC (DTR5.3.1.1 (a))

        Type of          Expirat   Exercise/       Number of          % of
        financial        ion       Conversion      voting rights      voting
        instrument       date      Period          that may be        rights
                                                   acquired if the
                                                   instrument is
                                                   exercised/
                                                   converted.
        N/A              N/A       N/A             N/A                N/A

                                   Subtotal 8.B
                                   1

        B2: Financial Instruments with similar economic effect
        according to Art. 13(1)(b) of Directive 2004/109/EC
        (DTR5.3.1.1 (b))

        Type of    Expirati    Exercise   Physical or     Number of   % of
        financia   on date     /          cash            voting      voting
        l                      Conversi   settlement      rights      rights
        instrume               on
        nt                     Period


        N/A        N/A         N/A        N/A             N/A         N/A

                                          Subtotal
                                          8.B 2


        9. Information in relation to the person subject to the
           notification obligation

          Full chain of controlled undertakings through which the
          voting rights and/or the financial instruments are
          effectively held starting with the ultimate controlling
          natural person or legal entity:
Name               % of voting    % of voting    Total of
                   rights if it   rights         both if it
                   equals or is   through        equals or is
                   higher than    financial      higher than
                   the            instruments    the
                   notifiable     if it equals   notifiable
                   threshold      or is higher   threshold
                                  than the
                                  notifiable
                                  threshold
                   4.996                         4.996
Public
Investment
Corporation Soc
Limited



10.    Proxy Voting:

Name of the proxy holder:

  N/A

Number and percentage of voting rights held:

  N/A

Date until which voting rights held:

  N/A

11.    Additional information:

Place of completion: Pretoria, South Africa

Date of completion: 22 November 2018




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

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