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MONDI LIMITED - Mondi Group - 2013 Final Dividend ZAR/euro Exchange Rate

Release Date: 28/02/2014 13:51
Code(s): MND MNP     PDF:  
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Mondi Group - 2013 Final Dividend ZAR/euro Exchange Rate

Mondi Limited
Incorporated in the Republic of South Africa
Registered office: 4th Floor, No.3 Melrose Boulevard, Melrose Arch 2196, Gauteng, RSA
Registration number: 1967/013038/06
Tax registration number: 920/0017/71/4P
JSE share code: MND ISIN: ZAE000156550

Mondi plc
Incorporated in England and Wales
Registered office: 1st Floor, Building 1, Aviator Park, Station Road, Addlestone, Surrey
KT15 2PG, UK
Registered number: 6209386
Tax registration number: 454 12394 14454
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 Listings Requirements of
the JSE Limited and/or the Disclosure and Transparency and Listing Rules of the
United Kingdom Listing Authority.


28 February 2014

Mondi Group – 2013 Final Dividend ZAR/euro Exchange Rate

On 28 February 2014 Mondi Group announced, in its Preliminary Results
announcement, that a proposed final dividend for the year ended 31 December
2013 of 26.45 euro cents per ordinary share will be paid on 22 May 2014 to all
Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on
25 April 2014. The final dividend is subject to the approval of the shareholders of
Mondi Limited and Mondi plc at the respective annual general meetings
scheduled for 14 May 2014.

Mondi Limited and Mondi plc will pay their respective dividends as follows:

Mondi Limited

Mondi Limited will pay its dividend in South African rand cents. The applicable
exchange rate is EUR 1 to ZAR 14.64630.

Therefore, the equivalent gross final dividend in rand cents per ordinary share
will be 387.39464. Dividend tax will be withheld from Mondi Limited shareholders
at a rate of 15%, unless a shareholder qualifies for an exemption, resulting in a
net dividend of 329.28544 rand cents per ordinary share.
Mondi plc

Mondi plc will pay its dividend in euro.

However, ordinary shareholders resident in the United Kingdom will receive the
dividend in sterling (unless shareholders have elected to receive their dividend in
euro). The last date for euro currency elections will be 25 April 2014. The
exchange rate for this payment will be set on 6 May 2014.

In addition, Mondi plc South African branch register shareholders will receive the
dividend in South African rand cents, converted at a rate of EUR 1 to ZAR
14.64630. Therefore, the equivalent gross final dividend in rand cents per
ordinary share will be 387.39464. Dividend tax will be withheld from Mondi plc
South African branch register shareholders at a rate of 15%, unless a
shareholder qualifies for an exemption, resulting in a net dividend of 329.28544
rand cents per ordinary share.

Additional Information

No secondary tax on companies (STC) credits will be used for the payment of the
final dividend which will be paid from income reserves.

Mondi Limited had a total of 118,312,975 ordinary shares in issue and Mondi plc
367,240,805 ordinary shares in issue of which 134,331,444 were held on the
branch register, excluding treasury shares, at the dividend recommendation date
of 28 February 2014.


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

Date: 28/02/2014 01:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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