MONDI LIMITED - Notification of Major Interests in Shares

Notification of Major Interests in Shares

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

28 May 2019

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
Guidance and Transparency Rules of the United Kingdom Listing Authority.

1a. Identity of the issuer or the underlying issuer of existing shares to which
    voting rights are attached:

   Mondi plc

1b. Please indicate if the issuer is a non-UK issuer:

   N/A

2. Reason for notification

   An acquisition or disposal of voting rights

3. Details of person(s) subject to the notification obligation:

   Name: Norges Bank

   City and country of registered office: Oslo, Norway

4. Full name of shareholder(s) (if different from 3.):

   N/A

5. Date on which the threshold was crossed or reached:
                23 May 2019

           6. Date on which issuer notified:

                24 May 2019

           7. Total positions of person(s) subject to the notification obligation:

                            % of voting rights           % of voting rights   Total of both in % Total number of
                           attached to shares             through financial      (8.A + 8.B)     voting rights of
                              (total of 8. A)            instruments (total                      issuer
                                                          of 8.B 1 + 8.B 2)

Resulting situation
on the date on      4.006                            0.02                     4.03                367,240,805
which threshold was
crossed or reached

Position of previous
notification (if         3.999                       0.01                     4.01                N/A
applicable)


           8. Notified details of the resulting situation on the date on which the threshold
           was crossed or reached:

           A: Voting rights attached to shares


Class/type of          No. of voting rights                          % of voting rights
shares
ISIN code (if          Direct                 Indirect               Direct                 Indirect
possible)              (Art 9 of Directive    (Art 10 of             (Art 9 of Directive    (Art 10 of Directive
                       2004/109/EC)           Directive              2004/109/EC)           2004/109/EC)
                       (DTR5.1)               2004/109/EC)           (DTR5.1)               (DTR5.2.1)
                                              (DTR5.2.1)
GB00B1CRLC47           14,711,828             N/A                    4.006                  N/A



Subtotal 8.A           14,711,828                                    4.006


           B1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
           (DTR5.3.1.1 (a))
 Type of             Expiration     Exercise/          Number of voting         % of voting
 financial           date           Conversion         rights that may be       rights
 instrument                         Period             acquired if the
                                                       instrument is
                                                       exercised/
                                                       converted.
 Shares on loan      N/A            At any time        71,175                   0.02
 (right to recall)
                                    Subtotal 8.B 1     71,175                   0.02


B2: Financial Instruments with similar economic effect according to Art. 13(1)(b)
of Directive 2004/109/EC (DTR5.3.1.1 (b))

 Type of       Expiration     Exercise/  Physical or            Number of       % of voting
 financial     date           Conversion cash                   voting rights   rights
 instrument                   Period     settlement



 N/A           N/A            N/A            N/A                N/A             N/A

                                             Subtotal 8.B 2



9. Information in relation to the person subject to the notification obligation:

        Person subject to the notification obligation is not controlled by any natural
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuer

10. Proxy Voting:

Name of the proxy holder:

   N/A

Number and percentage of voting rights held:

   N/A

Date until which voting rights held:

   N/A

11. Additional information:
Place of completion: Oslo, Norway

Date of completion: 24 May 2019




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

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