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Date: Thursday 12 Jun 2008

LONDON (ShareCast) - Peter Oswald, chief executive of paper producer Mondi's Europe and international division, spent more than £60,000 on shares in the company yesterday, it revealed today.

He bought 10,000 shares at 325.8p a share and the same number at 318.8p a share, taking his holding in the company to 120,000 shares.

Mondi’s share price has slipped slightly since Oswald last bought in on June 2, taking 10,000 shares at 354.5p a go.

On May 2, Mondi, which makes paper and packaging products from trees grown in South Africa and Russia, said it was confident of making progress over 2008, despite uncertainty over pricing and demand developments.


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