Correction : Net Asset Value(s)

The NAV for the Company released at 10.10am on Tuesday 22 November 2005 was
inaccurate.

A full version of the correct text of the announcement is attached.



MAJEDIE INVESTMENTS PLC

The unaudited net asset value of the Ordinary shares of the Company at the
close of business on 18 November 2005 was as follows:

With debentures at par value: 331.05 pence per share

With debentures at fair value: 314.88 pence per share

The fair value of the debentures has been estimated using information supplied
by FT Interactive Data.