Mondi Limited

(Incorporated in the Republic of South Africa)

(Registration number: 1967/013038/06)

JSE share code: MND ISIN: ZAE000097051

Mondi plc

(Incorporated in England and Wales)

(Registration 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 Rules and Listing Rules of
the United Kingdom Listing Authority.

27 January 2010

Announcement Regarding Potential Acquisition

Mondi Group (`Mondi') confirms that negotiations are progressing concerning a
transaction that would involve Mondi acquiring Smurfit Kappa Group's (`SKG')
European sack converting operations and SKG acquiring Mondi's corrugated
operations in the United Kingdom.  

The transaction is subject to the normal procedures and conditions attaching to
such transactions, and is also subject to regulatory clearances.

There is no certainty that any such transaction will occur. A further
announcement may be made as appropriate.

Contact details:

Mondi Group               Tel: +27(0)11 994 5415                               
                                                                               
Andrew King                                                                    
                                                                               
Kerry Crandon             Tel: +27 11 994 5425 or kerry.crandon@mondigroup.com 

About Mondi Group

Mondi is an international paper and packaging group and in 2008 had revenues of
€6.3 billion. Its key operations and interests are in Western Europe, emerging
Europe, Russia and South Africa.

The Group is principally involved in the manufacture of packaging paper and
converted packaging products; uncoated fine paper; and speciality products and
processes, including coatings and consumer flexibles.

Mondi is fully integrated across the paper and packaging process, the growing
of wood and manufacture of pulp (including recycled materials) and paper to the
converting of packaging papers into corrugated packaging and industrial bags.

Mondi has production operations across 35 countries and had an average of
33,400 employees in 2008. www.mondigroup.com