Notification of Major Interests in Shares 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 Notification of Major Interests in Shares As part of the dual listed company structure, Mondi Limited and Mondi plc 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 Rules of the United Kingdom Listing Authority. 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Mondi plc 2. Reason for notification An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Public Investment Corporation Limited 4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 21 September 2015 6. Date on which issuer notified: 21 September 2015 7. Threshold(s) that is/are crossed or reached: 8% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to the shares if triggering transaction possible using the ISIN Code No. of No. of voting shares rights MNP 29,529,597 Resulting situation after the triggering transaction No. of shares No. of voting rights % of voting rights Direct Direct Indirect Direct Indirect 28,655,736 7.803% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of financial date Conversion rights that may be voting instrument Period acquired if the rights instrument is exercised/ converted. None C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ financial Price date Conversion instrument Period N/A Number of voting rights instrument % of voting rights refers to Nominal Delta N/A Total (A+B+C) Number of voting rights % of voting rights 28,655,736 7.803% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: Abigail Recker 15. Contact telephone number: 01932 826 369 21 September 2015 Sponsor in South Africa: UBS South Africa (Pty) Ltd Date: 21/09/2015 04:05:00 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.