Result of AGM

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

 

7 May 2010

 

Annual General Meetings - Mondi Limited and Mondi plc

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 JSE Listings Requirements and/or the Disclosure and
Transparency and Listing Rules of the United Kingdom Listing Authority.

 

The Annual General Meetings of Mondi Limited and Mondi plc were both held on 6
May 2010. As required by the dual listed company structure, all resolutions
were treated as Joint Electorate Actions and were decided on a poll. All
resolutions at both meetings were passed except resolution 16. The voting
results of the Joint Electorate Actions are identical and are given below.  

 

Resolution 16 proposed that the directors of Mondi Limited be given authority
to allot and issue ordinary shares of Mondi Limited for cash. We note that
South African shareholders have particular concerns about this type of
resolution which we understand are not specific to Mondi.  

 

                                                               Votes       %       Votes    %     Votes     Votes       
                                                                                                  Withheld              
                                                                For               Against                   total       
                                                                                                                        
Common Business: Mondi Limited and Mondi plc                                                                            
                                                                                                                        
1. To elect John Nicholas as a director                     353,443,442 98.64   4,868,687   1.36  65,370    358,377,499 
                                                                                                                        
2. To re-elect as a director David Hathorn                  357,991,641 99.91   322,176     0.09  63,699    358,377,516 
                                                                                                                        
3. To re-elect as a director Colin Mathews                  357,703,800 99.83   608,049     0.17  65,356    358,377,205 
                                                                                                                        
4. To re-elect David Williams as a director                 341,123,951 95.20   17,189,598  4.80  63,461    358,377,010 
                                                                                                                        
5. To  elect Colin Mathews as a member of the DLC audit     358,168,590 99.96   144,895     0.04  63,461    358,376,946 
committee                                                                                                               
                                                                                                                        
6. To  elect John Nicholas as a member of the DLC audit     354,173,412 98.83   4,204,114   1.17  65,356    358,442,882 
committee                                                                                                               
                                                                                                                        
                                                                                                                        
                                                                                                                        
7. To  elect Anne Quinn as a member of the DLC audit        358,168,413 99.96   145,090     0.04  63,573    358,377,076 
committee                                                                                                               
                                                                                                                        
Mondi Limited Business                                                                                                  
                                                                                                                        
8. To receive the report and accounts                       358,025,396 99.94   220,018     0.06  63,441    358,308,855 
                                                                                                                        
9. To approve the remuneration report                       343,663,054 96.08   14,008,296  3.92  157,711   357,829,061 
                                                                                                                        
                                                                                                                        
                                                                                                                        
10. To declare a final dividend                             358,107,979 99.94   218,517     0.06  63,418    358,389,914 
                                                                                                                        
11. To reappoint the auditors                               356,086,088 99.79   766,442     0.21  1,460,418 358,312,948 
                                                                                                                        
12. To authorise the DLC audit committee to determine the   357,571,956 99.80   710,629     0.20  65,847    358,348,432 
auditors' remuneration                                                                                                  
                                                                                                                        
13. To adopt new Articles of Association*                   350,434,653 98.29   6,111,988   1.71  1,515,073 358,061,714 
                                                                                                                        
14. To place 5% of the issued ordinary shares of Mondi      275,252,988 76.83   83,030,509  23.17 64,871    358,348,368 
Limited under the control of the directors of Mondi Limited                                                             
                                                                                                                        
15. To place 5% of the special converting shares of Mondi   252,938,079 70.60   105,345,330 29.40 64,961    358,348,370 
Limited under the control of the directors of Mondi Limited                                                             
                                                                                                                        
16. To authorise the directors to allot and issue ordinary  255,276,761 71.25   103,007,566 28.75 63,906    358,348,233 
shares of Mondi Limited for cash‡                                                                                       
                                                                                                                        
17. To authorise Mondi Ltd to purchase its own shares*      347,709,559 97.07   10,511,789  2.93  125,845   358,347,193 
                                                                                                                        
Mondi plc Business                                                                                                      
                                                                                                                        
18. To receive the report and accounts                      358,052,872  99.94  220,018     0.06  65,053     358,337,943
                                                                                                                        
19. To approve the remuneration report                      344,263,593  96.15  13,766,533  3.85  97,114     358,127,240
                                                                                                                        
20. To declare a final dividend                             358,135,783  99.95  176,629     0.05  65,030     358,377,442
                                                                                                                        
21. To reappoint the auditors                               356,996,141  99.79  743,742     0.21  604,315    358,344,198
                                                                                                                        
                                                                                                                        
                                                                                                                        
                                                                                                                        
                                                                                                                        
22.  To authorise the DLC audit committee to determine the  357,599,506  99.80  710,612     0.20  67,459     358,377,577
auditors' remuneration                                                                                                  
                                                                                                                        
                                                                                                                        
                                                                                                                        
23. To change the Articles and adopt new Articles of        348,966,414  97.83  7,729,760   2.17  1,520,143  358,216,317
Association *                                                                                                           
                                                                                                                        
                                                                                                                        
                                                                                                                        
24. To authorise the directors to allot relevant securities 301,310,423  84.09  56,998,874  15.91 67,065     358,376,362
                                                                                                                        
25. To authorise the directors to disapply pre-emption      291,159,145  81.26  67,146,534  18.74 66,296     358,371,975
rights*                                                                                                                 
                                                                                                                        
26. To authorise Mondi plc to purchase its own shares*      358,302,949  100.00 8,224       0.00  66,221     358,377,394
                                                                                                                        

 

 

* Special Resolutions

‡ 75% votes in favour required pursuant to the Listings Requirements of the JSE
Limited.

 

Philip
Laubscher                                                                  
Carol Hunt

Company Secretary                                                             
Company Secretary 

Mondi
Limited                                                                      
Mondi plc