Director Shareholding

MAJEDIE INVESTMENTS PLC

The Company was advised on 13 November 2003 that Mrs MEW Reid, the wife of a
Director of the Company, purchased on 12 November 2003, 488 ordinary shares of
10p each (representing 0.0% of the issued class of capital) at a price of 204p
each. The shares were purchased pursuant to a regular standing order and a
dividend reinvestment through the Majedie share plan.

Mr Reid is now deemed to have a disclosable interest in 18,826 shares,
representing 0.04% of the issued share capital.

14 November 2003

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