SKG.L Regulatory News (SKG)

Name of exempt principal trader

J.P. Morgan Securities plc

Company dealt in

Smurfit Kappa Group plc

Class of relevant security to which the dealings being disclosed relate (Note 1)

€0.001 ordinary shares

Date of dealing

11 May 2018

Total number of relevant securities acquired

Highest price paid(Note 3)

Lowest price paid

(Note 3)

30,868

 19,951

35.7715 EUR

31.5200 GBP

35.3600 EUR

31.1200 GBP

Total number of securities disposed

Highest price received

(Note 3)

Lowest price received

(Note 3)

27,771

 10,436

35.8000 EUR

31.5200 GBP

35.3600 EUR

31.1200 GBP

Highest price received

(Note 3)

Lowest price received

(Note 3)

Product name,

e.g. CFD

Nature of transaction

(Note 4)

Number of relevant securities

(Note 5)

Price per unit

(Note 3)

Equity Swaps

Long

Short

1,320

 22

 33

 639

 70

 95

 3,527

 150

 8,055

 4,716

 326

2,067

 18

 255

 558

 272

 5,175

 272

 8,025

 523

 88

 1,734

 1,406

 978

 1,747

31.1200 GBP

31.2998 GBP

31.3020 GBP

31.3449 GBP

31.3777 GBP

31.4191 GBP

31.4563 GBP

31.4797 GBP

35.3600 EUR

35.3925 EUR

35.7259 EUR

31.1208 GBP

 31.1214 GBP

 31.1363 GBP

 31.2779 GBP

 31.3027 GBP

 31.3077 GBP

 31.3658 GBP

 35.3600 EUR

 35.3627 EUR

 35.4260 EUR

 35.5733 EUR

 35.7712 EUR

 35.7716 EUR

 35.7717 EUR

Product name,

e.g. call option

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 5)

Exercise price

Type, e.g. American, European etc.

Expiry date

Option money paid/received per unit (Note 3)

Product name,

e.g. call option

Number of securities

Exercise price per unit (Note 3)

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Date of disclosure

21 May 2018

Contact name

Alwyn Basch

Telephone number

020 7742 7402

Name of offeree/offeror with which connected

International Paper Company

Nature of connection (Note 6)

Financial Advisor to International Paper Company