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 10 March 2004, 427 ordinary shares of 10p each
(representing 0.0% of the issued class of capital) at a price of 233.0p 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 21,060 shares,
representing 0.04% of the issued share capital.

15 March 2004

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