Mondi Group Completes Acquisition of 99.93% of Nordenia International AG

Mondi Group confirms that all conditions have been satisfied and it has completed the acquisition of 99.93% of the outstanding share capital of Nordenia International AG from funds managed by Oaktree Capital Management, L.P. and minority shareholders for a final cash consideration of EUR259 million.

2 Oct 2012 --- 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 Rules and Transparency Rules and/or the Listing Rules of the United Kingdom Listing Authority.

Further to the announcement made on 11 July 2012, Mondi Group confirms that all conditions have been satisfied and it has completed the acquisition of 99.93% of the outstanding share capital of Nordenia International AG from funds managed by Oaktree Capital Management, L.P. and minority shareholders for a final cash consideration of EUR259 million.

The acquisition of Nordenia offers Mondi Group a unique opportunity to create a leading consumer packaging business, build on long term customer relationships across both businesses and establish a platform to expand further in high-growth emerging markets.