MONDI LIMITED - 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

19 February 2014

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 Limited
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 year ended 31 December 2013 which
will be released on 28 February 2014. As indicated in Mondi’s Interim Management
Statement released on 6 November 2013, the Group’s underlying operating profit for
the first nine months of 2013 of EUR538 million was above that of the comparable
prior year period of EUR410 million. It can now be confirmed that underlying
operating profit for the year ended 31 December 2013 is expected to be above that
achieved in 2012 (EUR574 million).

Furthermore, in the prior year, the Group recognised a net special item charge after
tax of EUR92 million. The equivalent special item charge for the year ended 31
December 2013 is expected to be around EUR74 million, of which EUR68 million
was recognised in the first half.

Accordingly, Mondi advises that it expects earnings per share (EPS) for the year
ended 31 December 2013 to be within the ranges shown below:
 - basic earnings per share (euro cents) 77-82 (2012 50.1)
 - basic headline earnings per share (euro cents) 88-93 (2012 62.9)
 - basic underlying earnings per share (euro cents) 92-97 (2012 69.2)

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 2/2013 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, the Americas and South Africa and as at the end of 2012, Mondi
employed 25,700 people.

Mondi Group is fully integrated across the packaging and paper value chain, from the
growing of wood and the production 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) Carbon Disclosure
Leadership Index for the third year and in CDP’s Carbon Performance Leadership Index
(CPLI) for the first time in 2012.


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

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