Director Shareholding

Majedie Investments PLC
10 January 2002

MAJEDIE INVESTMENTS PLC



The Company was today advised that Mrs MEW Reid, the wife of a Director of the
Company, purchased on 9 January 2002, 353 ordinary shares of 10p each
(representing 0.0% of the issued class of capital) at a price of 282p each.
The shares were purchased pursuant to a regular standing order, through the
Majedie share plan.


Mr Reid is now deemed to have a disclosable interest in 7,500 shares,
representing 0.01% of the issued share capital.


10 January 2002


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