MAJEDIE INVESTMENTS PLC
The unaudited net asset value of the Ordinary shares of the Company at the
close of business on 14 October 2005 was as follows:
With debentures at par value: 319.36 pence per share
With debentures at fair value: 304.71 pence per share
The fair value of the debentures has been estimated using information supplied
by FT Interactive Data.
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