MONDI LIMITED - Mondi Group signs agreement to acquire two Walki Group extrusion coatings sites

Mondi Group signs agreement to acquire two Walki Group extrusion coatings sites

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


22 May 2015

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 Rules
and Transparency Rules and/or the Listing Rules of the United Kingdom Listing Authority.

Mondi Group signs agreement to acquire two Walki Group extrusion coatings sites

Mondi Group has signed an agreement with Walki Oy (“Walki”) for the acquisition of two
extrusion coatings plants located in Pietarsaari, Finland and Wroclaw, Poland (the
“Operations”).

The consideration to be paid for 100% of the Operations amounts to EUR60m on a debt- and
cash-free basis and will be paid in cash at completion. For the twelve months ended 30 April
2015, the Operations generated unaudited pro forma consolidated adjusted revenues of
EUR113m and unaudited pro forma consolidated adjusted EBITDA of EUR9m.

The acquisition will strengthen Mondi Group’s position in the European extrusion coatings
market and increase the range of technical capabilities on offer to customers. The
transaction remains subject to competition clearance and other customary closure conditions
and is expected to complete by the third quarter of 2015.

Poyry Capital is acting as financial adviser to Mondi.


Contact:

Mondi Group
Lora Rossler
Group Head of Communications
Tel: +27 (0)31 451 2111 or +27 (0)83 627 0292
E-mail: lora.rossler@mondigroup.co.za

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, employing around 25,000 people
across more than 30 countries. Our key operations are located in central Europe, Russia,
North America and South Africa. We offer over 100 packaging and paper products,
customised into more than 100,000 different solutions for customers and end consumers. In
2014, Mondi had revenues of EUR6.4 billion and a return on capital employed of 17.2%.

The Mondi Group is fully integrated across the packaging and paper value chain - from
managing forests and producing pulp, paper and compound plastics, to developing effective
and innovative industrial and consumer packaging solutions. Our innovative technologies
and products can be found in a variety of applications including hygiene components, stand-
up pouches, super-strong cement bags, clever retail boxes and office paper. Our key
customers are in industries such as automotive; building and construction; chemicals; food
and beverage; home and personal care; medical and pharmaceutical; packaging and paper
converting; pet care; and office and professional printing.

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.

For us, sustainable development makes good business sense. We don’t just talk about
sustainability; we make it part of the way we work every day. We have been included in the
FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI)
Index since 2007.




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

Date: 22/05/2015 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.