Portfolio Update

MAJEDIE INVESTMENTS PLC

In accordance with UKLA Listing Rule 15.6.8R(2), the following list represents
as at 30 September 2007, the Company's 10 largest investments and where
appropriate, any investment with a value greater than 5% of the Company's gross
assets:

Name of Company                          Class of Share    
                                                           
First Quantum Minerals                   Common            
                                                           
Phorm                                    Common            
                                                           
Accsys Technologies                      Ordinary          
                                                           
HSBC Holdings                            Ordinary          
                                                           
Barclays                                 Ordinary          
                                                           
United Utilities                         Ordinary          
                                                           
MEO Australia                            Ordinary          
                                                           
Majedie Asset Management UK Opps         A' Units          
                                                           
Lloyds TSB Group                         Ordinary          
                                                           
Royal Bank of Scotland Group             Ordinary          


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