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)
    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.

    26 January 2017

    NON-EXECUTIVE DIRECTOR RETIREMENT

    The Mondi Group announces that Anne Quinn will retire as an independent
    non-executive director of Mondi Limited and Mondi plc at the conclusion of the
    Annual General Meetings on 11 May 2017. Anne has served on the Boards since May
    2007.

    The joint chairmen, David Williams and Fred Phaswana, commented:

    "We would like to take this opportunity to thank Anne for the significant
    contribution she has made to the Boards since the Mondi Group became
    independent in 2007. In particular, Anne has played a key role as Senior
    Independent Director and in relation to remuneration issues through her
    chairmanship of the DLC Remuneration Committee. She leaves with our very best
    wishes for the future".

    As a result, also with effect from the conclusion of the Annual General
    Meetings:

    (i)         John Nicholas, an independent non-executive director and chair of
    the DLC Audit Committee, will succeed Anne Quinn as Senior Independent
    Director.

    (ii)        Tanya D Fratto will be appointed as a member of the DLC Audit
    Committee, subject to shareholder approval at the Annual General Meetings, and
    as chair of the DLC Remuneration Committee.

    (iii)       Dominique Reiniche will be appointed as a member of the DLC
    Sustainable Development Committee.

    Statutory and regulatory disclosures:

    Statement pursuant to section 430(2B) of the UK Companies Act 2006: Anne Quinn,
    upon retirement as a director of Mondi Limited and Mondi plc, will receive a
    payment of £10,409.56 representing the normal non-executive director's fees
    payable in full to her retirement date for the period from 1 April to 11 May
    2017. No other remuneration payments or payment for loss of office have been or
    will be made in connection with her retirement.

    Contact details:

    Mondi Group
    Lora Rossler
    Group Head of Communications
    Tel: +27 (0)31 451 2111 or +27 (0)83 627 0292

    About Mondi Group

    We are Mondi: In touch every day

    At Mondi, our products protect and preserve the things that matter.

    Mondi is an international packaging and paper Group, employing around 25,000
    people across more than 30 countries. Our key operations are located in central
    Europe, Russia, North America and South Africa. We offer over 100 packaging and
    paper products, customised into more than 100,000 different solutions for
    customers, end consumers and industrial end uses - touching the lives of
    millions of people every day. In 2015, Mondi had revenues of €6.8 billion and a
    return on capital employed of 20.5%.

    The Mondi Group is fully integrated across the packaging and paper value chain
    - from managing forests and producing pulp, paper and compound plastics, to
    developing effective and innovative industrial and consumer packaging
    solutions. Our innovative technologies and products can be found in a variety
    of applications including hygiene components, stand-up pouches, super-strong
    cement bags, clever retail boxes and office paper. Our key customers are in
    industries such as automotive; building and construction; chemicals; food and
    beverage; home and personal care; medical and pharmaceutical; packaging and
    paper converting; pet care; and office and professional printing.

    Mondi has a dual listed company structure, with a primary listing on the JSE
    Limited for Mondi Limited under the ticker code MND and a premium listing on
    the London Stock Exchange for Mondi plc, under the ticker code MNDI.

    For us, acting sustainably makes good business sense and is part of the way we
    work every day. We have been included in the FTSE4Good Index Series since 2008
    and the JSE's Socially Responsible Investment (SRI) Index since 2007.

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