Director Shareholding

Majedie Investments PLC
12 December 2001

MAJEDIE INVESTMENTS PLC



The Company has today been advised that on 7 September 2001 Sir John K Barlow,
a Director of the Company, sold a total of 10,000 Ordinary 10p shares in
Majedie Investments PLC (representing 0.019% of the Company's issued Ordinary
share capital) at a price of £2.79 per share.



As a result of this transaction, Sir John K Barlow's beneficial interest has
reduced from 2,918,186 to 2,908,186 Ordinary 10p shares (representing 5.52% of
the Company's issued Ordinary share capital). This beneficial interest
includes holdings within certain Trusts where there are other beneficiaries.



Non-beneficial interests of Sir John K Barlow remain at 1,231,205 which
represents 2.34% of the Company's issued Ordinary share capital.



12 December 2001



For further information contact the Company Secretary, Sinclair Henderson
Limited; telephone  [phone].