Director/PDMR Shareholding

Mondi Limited

(Incorporated in the Republic of South Africa)

(Registration number: 1967/013038/06)

JSE share code: MND ISIN: ZAE000097051

Mondi plc

(Incorporated in England and Wales)

(Registration number: 6209386)

JSE share code: MNP ISIN: GB00B1CRLC47

LSE share code: MNDI

As part of the dual listed company structure, Mondi Limited and Mondi plc
notify both the JSE Limited and the London Stock Exchange of those interests
(and changes to those interests) of directors of both entities and the
respective company secretaries, persons discharging managerial responsibilities
across the Group and, in certain instances, the directors of major subsidiaries
of Mondi Limited in the securities of Mondi Limited and Mondi plc which are
required to be disclosed under the JSE Listing Requirements and/or the
Disclosure and Transparency Rules of the United Kingdom Listing Authority.

In accordance with Rules 3.63-3.74 of the JSE Listing Requirements and/or
Disclosure and Transparency Rule 3.1.4R, we advise of the following:

15 March 2011

TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF ZAR0.20 EACH

On 14 March 2011 a grant of conditional awards became unconditional and the
following acquisitions and sales of shares took place as a result of the
vesting of Mondi Limited Long Term Incentive Plan Awards:


Name David Hathorn

Position Director

Number of shares vesting 31,770

Total value of shares vesting R1,898,273.39

Number of shares retained 19,018

Total value of shares retained R1,136,335.01

Number of shares sold 12,752 at R59.7505 per share

Total value of shares sold R761,938.38

Nature of interest Direct Beneficial



Name Philip Laubscher

Position Company Secretary, Mondi Limited

Number of shares vesting 4,774

Total value of shares vesting R285,248.89

Number of shares retained 2,857

Total value of shares retained R170,707.18

Number of shares sold 1,917 at R59.7505 per share

Total value of shares sold R114,541.71

Nature of interest Direct Beneficial



TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 14 March 2011 a grant of conditional awards became unconditional and the
following acquisitions and sales of shares took place as a result of the
vesting of Mondi plc Long Term Incentive Plan Awards:


Name David Hathorn

Position Director

Number of shares vesting 80,320

Total value of shares vesting £444,378.43

Number of shares retained 47,322

Total value of shares retained £261,813.70

Number of shares sold 32,998 at £5.5326 per share

Total value of shares sold £182,564.73

Nature of interest Direct Beneficial



Name Andrew King

Position Director

Number of shares vesting 32,995

Total value of shares vesting £182,548.14

Number of shares retained 22,445

Total value of shares retained £124,179.21

Number of shares sold 10,550 at £5.5326 per share

Total value of shares sold £58,368.93

Nature of interest Direct Beneficial



Name Peter Oswald

Position Director

Number of shares vesting 62,090

Total value of shares vesting £343,519.13

Number of shares retained Nil

Total value of shares retained Nil

Number of shares sold 62,090 at £5.5326 per share

Total value of shares sold £343,519.13

Nature of interest Direct Beneficial



Name Carol Hunt

Position Company Secretary, Mondi plc

Number of shares vesting 10,153

Total value of shares vesting £56,172.49

Number of shares retained Nil

Total value of shares retained Nil

Number of shares sold 10,153 at £5.5326 per share

Total value of shares sold £56,172.49

Nature of interest Direct Beneficial



Name Peter Machacek

Position PDMR

Number of shares vesting 38,807

Total value of shares vesting £214,703.61

Number of shares retained 19,364

Total value of shares retained £107,133.27

Number of shares sold 19,443 at £5.5326 per share

Total value of shares sold £107,570.34

Nature of interest Direct Beneficial



Name Ron Traill

Position PDMR

Number of shares vesting 12,936

Total value of shares vesting £71,569.71

Number of shares retained 7,751

Total value of shares retained £42,883.18

Number of shares sold 5,185 at £5.5326 per share

Total value of shares sold £28,686.53

Nature of interest Direct Beneficial



All trades took place on market. Clearance was obtained prior to the above
dealings in securities

Sponsor: UBS South Africa (Pty) Ltd.