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MONDI PLC - Directorate Change

Wednesday, January 23, 2013 5:00 AM


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

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

23 January 2013
Mondi Joint Chairman

Cyril Ramaphosa, joint chairman of Mondi Limited and Mondi plc, will be stepping down at the conclusion of the Annual General Meetings on 3 May 2013.

Following his election as deputy president of South Africa's ruling African National Congress in December 2012, Cyril has reviewed his business commitments and has now advised Mondi that he wishes to resign from his positions as joint chairman and as a non-executive director at the Annual General Meetings of Mondi Limited and Mondi plc on 3 May 2013.

Anne Quinn, senior independent director, supported by the DLC nominations committee, will immediately start the process of seeking a successor to Cyril.

David Williams, joint chairman, said: `We would like to thank Cyril for his
significant contribution to the Mondi Group. He has helped guide Mondi through
its initial years of listing and played an important role in providing
constructive counsel particularly on issues specific to the South African
business environment.'
Contact details:
Mondi Group    
                                                                               
David Hathorn             Tel: +27 (0)11 994 5417                              
Chief Executive Officer   
Andrew King               Tel: +27 (0)11 994 5415                              
Chief Financial Officer   
Lora Rossler              Tel: +27 (0)11 994 5400 / +27 (0)83 627 0292         

About Mondi

Mondi is an international packaging and paper Group, with production operations across 29 countries and revenues of EUR5.7 billion in 2011. The Group's key operations are located in central Europe, Russia and South Africa and as at the end of 2011, Mondi Group employed 23,400 people.

Mondi Group is fully integrated across the paper and packaging process, from the growing of wood and the manufacture of pulp and paper (including recycled paper), to the conversion of packaging paper into corrugated packaging, industrial bags and coatings.

The Group is principally involved in the manufacture of packaging paper, converted packaging products and uncoated fine paper (UFP).

Mondi Group 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. The Group has been recognised for its sustainability through its inclusion in the FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007. The Group was also included in the FTSE350 Carbon Disclosure Leadership Index for the second year.

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

(Source: PR Newswire )
(Source: Quotemedia)

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