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

24 May 2018

Total number of relevant securities acquired

Highest price paid(Note 3)

Lowest price paid

(Note 3)

354,376

46,162

35.1600 EUR

30.7341 GBP

34.3600 EUR

30.0000 GBP

Total number of securities disposed

Highest price received

(Note 3)

Lowest price received

(Note 3)

321,296

18,139

35.1600 EUR

30.7699 GBP

34.3800 EUR

30.0000 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

1,819

 944

 3,418

 10

 103

 129

 4,855

 275

 401

 1,000

 121

 125

 2,793

 5,000

148

 779

 21,583

 1,000

 698

 7,878

 3,898

 2,261

 1,648

 1,393

 8,232

 5,544

 5,174

 13,554

 2,679

29.9999 GBP

30.0000 GBP

30.1167 GBP

30.1577 GBP

30.1755 GBP

30.4141 GBP

30.5099 GBP

30.5499 GBP

30.5863 GBP

30.6575 GBP

34.3974 EUR

34.4008 EUR

34.6740 EUR

34.8006 EUR

30.0000 GBP

30.0014 GBP

30.1456 GBP

30.1600 GBP

30.2555 GBP

30.2974 GBP

30.3128 GBP

30.3257 GBP

30.3293 GBP

30.4157 GBP

34.4592 EUR

34.6384 EUR

34.6393 EUR

34.6395 EUR

34.6943 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

31 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