Transactions in Mondi Limited ordinary shares of no par value 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 notify both the JSE Limited and the London Stock Exchange of those interests (and changes to those interests) of directors of both entities, the respective company secretaries and 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 Listings Requirements of the JSE and/or the Disclosure Guidance and Transparency Rules of the United Kingdom Listing Authority. In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE and/or the Disclosure Guidance and Transparency Rules we advise of the following: 15 March 2019 TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE There follows a notification form for the Company Secretary of Mondi Limited. For the purposes of the JSE Listings Requirements: all trades took place on market; clearance was obtained prior to the below dealings in securities; and the total value of the transaction was R4,637,432.53. Sponsor in South Africa: UBS South Africa (Pty) Ltd 1 Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person a) Name Philip Laubscher 2 Reason for the notification a) Position/status Company Secretary, Mondi Limited b) Initial notification / Initial notification Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Mondi Limited b) LEI N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of no par value financial instrument, type of instrument Identification code ZAE000156550 b) Nature of the Sale of shares transaction c) Price(s) and volume(s) Price(s) Volume(s) R333.62 12,135 R333.69 863 R333.68 902 d) Aggregated information - Aggregated volume 13,900 - Price R333.63 e) Date of transaction 2019-03-13 f) Place of the transaction JSE Limited – Outside a trading venue Date: 15/03/2019 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.