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

16 May 2018

Total number of relevant securities acquired

Highest price paid(Note 3)

Lowest price paid

(Note 3)

325,498

104,665

35.8200 EUR

31.2800 GBP

33.1800 EUR

29.0629 GBP

Total number of securities disposed

Highest price received

(Note 3)

Lowest price received

(Note 3)

280,733

90,839

35.8400 EUR

31.3392 GBP

33.1600 EUR

29.1200 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

166

 873

 814

 8,272

 16,500

 14,568

 3,199

 2,407

 186

 1,861

 384

 2,797

 10,968

 6,354

 568

 3,516

 218

 255

 2,032

 1,545

 1,220

 11,937

 302

 151

 408

 1,180

 84

 5,526

136

 129

 1,126

 82

 1

 845

 27

 183

 17,500

 2,815

 20,115

 7,100

 2,994

 1,317

 109

 67

 1,383

 1,861

 2,797

 605

 12,612

 10,968

 3,941

 1,765

 1,104

 20,479

 12,408

 24,754

 84

 119

 5,462

 8

 5,526

29.2578 GBP

29.3074 GBP

29.4585 GBP

29.5000 GBP

29.5449 GBP

29.8759 GBP

30.1552 GBP

30.9653 GBP

33.2800 EUR

33.2900 EUR

33.4000 EUR

33.4100 EUR

33.6400 EUR

33.6584 EUR

33.6600 EUR

33.9578 EUR

33.9612 EUR

33.9631 EUR

33.9726 EUR

34.1477 EUR

34.1965 EUR

34.3069 EUR

34.3315 EUR

34.4946 EUR

34.4982 EUR

34.5645 EUR

34.7500 EUR

35.7300 EUR

29.0629 GBP

 29.3609 GBP

 29.4455 GBP

 29.4536 GBP

 29.5000 GBP

 29.5013 GBP

 29.5209 GBP

 29.5226 GBP

 29.5925 GBP

 29.5929 GBP

 29.8732 GBP

 29.9655 GBP

 30.0576 GBP

 30.1530 GBP

 30.2417 GBP

 33.2625 EUR

 33.2800 EUR

 33.2900 EUR

 33.4100 EUR

 33.4900 EUR

 33.5162 EUR

 33.6400 EUR

 33.6429 EUR

 33.6547 EUR

 33.6625 EUR

 33.7868 EUR

 33.9681 EUR

 34.2706 EUR

 34.7500 EUR

 34.9139 EUR

 34.9140 EUR

 35.4271 EUR

 35.7300 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

23 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