Business News

Directorate Change – Mondi Joint Chairman

Friday 10. July 2009 - Sir John Parker, joint chairman of Mondi Limited and Mondi plc, has been appointed chairman of Anglo American plc with effect from 1 August 2009.

Following Anglo American plc’s announcement earlier today of Sir John Parker’s appointment as chairman of the board of Anglo American plc, Sir John has advised the boards of Mondi Limited and Mondi plc of his intention to relinquish his positions as joint chairman and a non executive director. In order to ensure an orderly succession, Sir John has agreed to remain as joint chairman until the appointment of a successor or 31 December 2009, whichever is the earlier. The nominations committee of the boards will immediately start the process of seeking a successor to Sir John.The boards would like to thank Sir John for his enormous contribution to the successful listing of Mondi and the strategic direction he has provided to the Group in its first two years as an independent publicly listed Group.Sir John Parker said,’It is with great regret that I announce my decision to step down from the boards of Mondi Limited and Mondi plc. Mondi is an exciting Group to lead, and I believe its strong management and quality asset base will ensure that it prospers as we emerge from the current difficult economic environment.’