Holding(s) in Company

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

11 March 2014

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
   
Holding decreased below 10%                                                    


 3. Full name of person(s) subject to the notification obligation:
   
Coronation Asset Management (Pty) Ltd


 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):
   
7 March 2014


 6. Date on which issuer notified:
   
11 March 2014


 7. Threshold(s) that is/are crossed or reached:
   
10%


 8. Notified details:
   
A: Voting rights attached to shares

Class/type of Situation        Resulting situation after the triggering       
shares if     previous to the  transaction                                    
possible      triggering                                                      
using the     transaction                                                     
ISIN Code                                                                     
                                                                              
              No. of shares    No. of shares   No. of voting      % of voting    
                                               rights             rights         
                                                                              

                               Direct          Direct  Indirect   Direct  Indirect                
                                                                             
GB00B1CRLC47  36 729 897       36 480 248                         9.99           


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of         Expiration  Exercise/         Number of voting     % of voting 
financial       date        Conversion Period rights that may be   rights      
instrument                                    acquired if the                  
                                              instrument is                    
                                              exercised/                       
                                              converted.                       
                                                                               
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
financial      Price    date       Conversion       voting rights   rights     
instrument                         Period           instrument                 
                                                    refers to                  
                                                                               
N/A                                                                            


Total (A+B+C)

Number of voting rights                % of voting rights                      
                                                                               
36 480 248                             9.99%                                   


 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:
   
Coronation Asset Management (Pty) Ltd


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





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