Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Majedie Investments Plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Following the sale of part of the AXA          Yes     
Life Insurance business to Resolution PLC, changes have been made              
to the direct and indirect holdings.                                           

3. Full name of person(s) subject to the notification obligation   AXA S.A. 25 
(iii):                                                               Avenue    
                                                                    Matignon,  
                                                                   75008 Paris 
                                                                  and its group
                                                                  of companies 
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):                    
                                                                               
5. Date of the transaction (and date on which the threshold is     15/09/2010  
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                  21/09/2010  
                                                                               
7. Threshold(s) that is/are crossed or reached:                        3%      
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of   Situation previous   Resulting situation after the triggering  
    shares              to                       transaction (vii)             
 if possible      the Triggering                                               
using the ISIN   transaction (vi)                                              
     CODE                                                                      
                                                                               
                Number     Number    Number  Number of voting    % of voting   
                  of         of        of       rights (ix)         rights     
                Shares     Voting    shares                                    
                           Rights                                              
                           (viii)                                              
                                                                               
                                     Direct  Direct  Indirect  Direct  Indirect
                                               (x)     (xi)                    
                                                                               
   Ordinary    7,107,819 7,107,819     0        0    7,103,119    0     13.52  
    shares                                                                     
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
7,103,119                               13.52                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):

   Name of the Company/Fund       Number of Shares    % of issued share capital
                                                                               
AXA IM UK                            7,103,119                13.522538        
                                                                               
TOTAL                                7,103,119                13.52254         

Proxy Voting:

10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will cease to hold:                   
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                             Kyere Tabiri     
                                                                               
15. Contact telephone number:                                 020 7003 1510