Mondi Limited

Incorporated in the Republic of South Africa

Registered office: 4^th 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: 1^st Floor, Building 1, Aviator Park, Station Road, Addlestone, Surrey KT15 2PG, UK

Registered number: 6209386

Tax registration number: 454 12394 14454

LEI: 213800LOZA69QFDC9N34

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 Guidance and Transparency and Listing Rules of the United Kingdom Listing Authority. To comply with the requirements in Articles 7 and 9 of the regulatory technical standards of the Transparency Directive (2004/109/EC), this announcement is classified as additional regulated information required to be disclosed under the laws of a Member State.

3 August 2017

Mondi Group – 2017 Interim Dividend ZAR/euro Exchange Rate

On 3 August 2017 Mondi Group announced, in its Half-Yearly Results announcement, that an interim dividend for the year ending 31 December 2017 of 19.10 euro cents per ordinary share will be paid on 19 September 2017 to all Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on 25 August 2017.

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 15.70411.

Therefore, the equivalent gross interim dividend in rand cents per ordinary share will be 299.94850. Dividend tax will be withheld from Mondi Limited shareholders at a rate of 20%, unless a shareholder qualifies for an exemption, resulting in a net dividend of 239.9588 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 August 2017. The exchange rate for this payment will be set on 1 September 2017.

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 15.70411. Therefore, the equivalent gross interim dividend in rand cents per ordinary share will be 299.94850. Dividend tax will be withheld from Mondi plc South African branch register shareholders at a rate of 20%, unless a shareholder qualifies for an exemption, resulting in a net dividend of 239.9588 rand cents per ordinary share.

Additional Information

The interim dividend 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 84,535,984 were held on the branch register, excluding treasury shares, at the dividend declaration date of 3 August 2017.

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