Majedie Asset Management Ltd

Majedie Investments PLC
06 September 2004


MAJEDIE ASSET MANAGEMENT LIMITED

Majedie Investments PLC announces that its specialist UK equity fund management
subsidiary Majedie Asset Management Limited has recently reached £750 million of
assets under management.

6 September 2004


For further information contact:

Robert Clarke

Managing Director, Majedie Investments PLC

020 7645 8711

[e-mail]



James de Uphaugh

Managing Director, Majedie Asset Management Limited

020 7645 8700

[e-mail]


Notes:


1. Majedie Asset Management was launched on 13 January 2003.  The business
   aims to achieve assets under management of £1 billion after 5 years.


2. Majedie Investments PLC is a self-managed investment trust with total
   assets under management of over £170 million.  The Company's objective is to
   maximise total shareholder return over the long term whilst increasing 
   dividends by more than the rate of inflation.  The company's benchmark is 70% 
   FTSE All-Share Index and 30% FTSE World ex UK Index (sterling) on a total 
   return basis.

                      This information is provided by RNS
            The company news service from the London Stock Exchange