Directors S/HoldingReplacemnt

Majedie Investments PLC
20 March 2002

MAJEDIE INVESTMENTS PLC



The Company advises that the following replaces the information announced on 20
March 2002 at 14.39 under RNS number 2961T.

The final line should read 'The non-beneficial interests of Sir John K Barlow
and William M Barlow remain unchanged.' All other details remain unchanged.

The full announcement text appears below:



The Company has been advised that as a result of share transactions completed on
15 March 2002, the beneficial holdings of two Directors of the Company are as
follows:


Sir John K Barlow's beneficial holding has increased to 3,010,642 Ordinary
shares of 10p each (representing 5.71% of the issued class of capital) and;


J William M Barlow's beneficial holding has reduced to 1,138,857 Ordinary shares
of 10p each (representing 2.16% of the issued class of capital).


The non-beneficial interests of Sir John K Barlow and J William M Barlow remain
unchanged.



20 March 2002


Enquiries:

Sinclair Henderson Ltd, Company Secretary, 01392 477512


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