Director Shareholding

MAJEDIE INVESTMENTS PLC

The Company has today been advised that Mrs MEW Reid, the wife of a Director of
the Company, purchased on 7 May 2003, 521 ordinary shares of 10p each
(representing 0.0% of the issued class of capital) at a price of 191p 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 15,625 shares,
representing 0.03% of the issued share capital.

9 May 2003

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