Net Asset Value(s)

MAJEDIE INVESTMENTS PLC

                                                        
The unaudited consolidated net asset value of the Ordinary shares of the            
Company at the close of business on 08 November 2013 was as follows:                
                                                                                    
With debentures at par value: 233.49 pence per share                                
                                                                                    
The debentures at fair value: 216.14 pence per share                                
                                                                                    
                                                                                    
The net asset value published is on a cum-income basis (calculated using income     
and expenditure estimates). Additionally the fair value of the debentures has       
been estimated by reference to the redemption yields of a similar company's         
debt instrument, with an appropriate margin spread added.                           
                                                                                    
                                                                                    
12 November 2013