Correction : Net Asset Value(s)

The Net Asset Value announcement made on Monday 27 June 2011 was incorrectly 
released under the name of "Majedie Asset Management Ltd". It should have been 
released under "Majedie Investments Plc".



MAJEDIE INVESTMENTS PLC

The unaudited consolidated net asset value of the Ordinary shares of the
Company at the close of business on 24 June 2011 was as follows:

With debentures at par value: 218.20 pence per share

With debentures at fair value: 204.85 pence per share

The net asset value published is on a cum-income basis (calculated using income
and expenditure estimates). Additionally the fair value of the debentures has
been estimated by reference to the redemption yields of a similar company's
debt instrument, with an appropriate margin spread added.