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) LEI: 213800LOZA69QFDC9N34 JSE share code: MNP ISIN: GB00B1CRLC47 LSE share code: MNDI 3 January 2017 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 Guidance and Transparency Rules of the United Kingdom Listing Authority. This regulated information is required to be disclosed under Article 12 of the EU Transparency Directive (2004/109/\EC). 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Mondi plc GB00B1CRLC47 2. Reason for notification An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 3. Full name of person(s) subject to the notification obligation: Norges Bank 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): 30 December 2016 6. Date on which issuer notified: 2 January 2017 7. Threshold(s) that is/are crossed or reached: Above 4% based on voting rights attached to shares 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction No. of No. of No. of shares No. of voting rights % of voting rights shares Voting Rights Direct Direct Indirect Direct Indirect GB00B1CRLC47 14,651,656 14,651,656 14,698,943 14,698,943 N/A 4.003% N/A B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that may be rights instrument Period acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of % of voting rights financial Price date Conversion voting rights instrument Period instrument refers to Nominal Delta N/A N/A N/A N/A N/A N/A N/A Total (A+B+C) Number of voting rights % of voting rights 14,698,943 4.003% 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: Norges Bank 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 3 January 2017 Sponsor in South Africa: UBS South Africa (Pty) Ltd Date: 03/01/2017 05:30:00 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.