Director Shareholding

MAJEDIE INVESTMENTS PLC

The Company was today advised that Mrs MEW Reid, the wife of a Director of the
Company, purchased on 9 October 2002, 544 ordinary shares of 10p each
(representing 0.0% of the issued class of capital) at a price of 183p each. The
shares were purchased pursuant to a regular standing order, through the Majedie
share plan.

Mr Reid is now deemed to have a disclosable interest in 11,462 shares,
representing 0.02% of the issued share capital.

10 October 2002

For further information contact the Company Secretary, Sinclair Henderson
Limited; telephone  [phone].