Director Shareholding

MAJEDIE INVESTMENTS PLC

The Company announces that a total of 132,439 options to subscribe for Ordinary
shares were awarded under the Company's Discretionary Share Option Scheme at an
exercise price of 231.5p per share on 21 December 2004. Directors of the
Company to whom options were awarded are as follows:

Director                   Options awarded      Total Options now held
                                                                      
Robert E Clarke                     77,105                     389,514
                                                                      
Gillian M Leates                    55,334                     279,155
                                                                      

The options awarded are in addition to those previously granted - details of
which are contained within the Company's Annual Report for the year ended 30
September 2004. The total number of options which have been granted by the
Company is now 763,086.

23 December 2004

Contact:

Sinclair Henderson Limited

Company Secretary

Tel: [phone]