MONDI PLC - Mondi Group to acquire Duropacks operations in Germany and the Czech Republic

Mondi Group to acquire Duropack’s operations in Germany and the Czech Republic

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


14 September 2012


As part of the dual listed company structure, Mondi Limited and Mondi plc (together “Mondi Group”)
notify both the JSE Limited (“JSE”) and the London Stock Exchange of matters required to be
disclosed under the JSE Listings Requirements and/or the Disclosure Rules and Transparency Rules
and/or the Listing Rules of the United Kingdom Listing Authority.

Mondi Group to acquire Duropack’s operations in Germany and the Czech Republic

Mondi Group has signed an agreement with Duropack GmbH (“Duropack”), for the acquisition of
Duropack’s operations (the “Operations”) in Germany and the Czech Republic (the “Acquisition”),
which consist of 2 corrugated box plants and one recycled containerboard mill. The two corrugated
box plants consume approximately 130 thousand tonnes of containerboard per annum while the
recycled containerboard mill is capable of producing 105 thousand tonnes per annum.

The consideration to be paid for 100% of the Operations amounts to EUR125m and will be paid in
cash at completion. Mondi Group will assume approximately EUR5m net cash as of the same date,
implying an enterprise value of EUR120m. For the year ended 31 December 2011, the Operations
generated unaudited pro forma consolidated revenues of EUR160m and unaudited pro forma
consolidated adjusted EBITDA of EUR23m.

The consideration payable for the Acquisition will be funded from existing resources available to
Mondi Group. The Acquisition is in line with Mondi Group’s strategy to strengthen its leading market
position in corrugated packaging in central and eastern Europe. The completion of the deal is
conditional on the approval by the relevant competition authorities and other customary closing
conditions.

/ends

Contact:

Mondi Group
Kerry Crandon Cooper
Group Communications Manager
Tel: +27 (0)11 994 5425 or +27 (0)83 389 3738
E-mail: kerry.crandon@mondigroup.com

Andrew King
Group CFO
Tel: +27 (0)11 994 5415
E-mail: andrew.king@mondigroup.com
About Mondi:
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 employed 23,400 people.

Mondi 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 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 UK, Europe and Global indices since 2008 and the JSE's Socially
Responsible Investment (SRI) Index since 2007.


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




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