MONDI PLC - Mondi Group: Trading statement

Mondi Group: 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

30 July 2013
Mondi Group: Trading Statement
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 and/or
the Disclosure and Transparency and Listing Rules of the United Kingdom Listing
Authority.

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 half year ended 30 June 2013, which
will be released on 8 August 2013. It can now be confirmed that the underlying
operating profit for the second quarter of 2013 is expected to be higher than that of
the first quarter (EUR162 million) and that achieved in the comparable prior year
period (EUR150 million). Underlying operating profit for the half year ended 30 June
2013 is expected to be significantly higher than that of the comparable prior year
period of EUR270 million.

In the six months ended 30 June 2012, the Group recognised a net special item gain
after tax of EUR4 million. The special items charge for the six months ended 30
June 2013 is around EUR68 million, relating to restructuring activities and related
impairment charges in the Group’s Uncoated Fine Paper operations in Austria
(EUR50 million) and in the newsprint operations in South Africa Division
(EUR18 million) as well as the closure of the Lindlar Consumer Packaging operation
in Germany (EUR13 million), with net tax relief of EUR13 million.

Accordingly, Mondi advises that it expects earnings per share (EPS) for the half year
ended 30 June 2013 to be within the ranges shown below:
 - basic underlying EPS (euro cents) 46 to 51 (2012 30.9)
 - basic EPS (euro cents) 32 to 37 (2012 31.7)
 - basic headline EPS (euro cents) 43 to 48 (2012 30.9)


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. 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 3/2012 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                        +27 11 994 5418
Andrew King                          +27 11 994 5415
Lora Rossler                         +27 83 627 0292

FTI Consulting
Richard Mountain/Sophie McMillan     +44 20 7269 7186 / +44 20 7909 684 466


Editors' notes:

Mondi is an international packaging and paper Group, with production operations across 30
countries and revenue of EUR5.8 billion in 2012. The Group's key operations are located in
central Europe, Russia and South Africa and as at the end of 2012, Mondi Group employed
25,700 people.

Mondi Group is fully integrated across the paper and packaging process, from the growing of
wood and the manufacture 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 Group 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 Global, European and UK Index Series
(since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007. The
Group was also included in the Carbon Disclosure Project’s (CDP) FTSE350 Carbon
Disclosure Leadership Index for the third year and in CDP’s FTSE350 Carbon Performance
Leadership Index for the first time in 2012.



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

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