Director/PDMR Shareholding

Majedie Investments PLC - Directors' Shareholdings

The Company announces that the following awards to directors were granted on 21
May 2007 under the rules of the Company's Long Term Incentive Plan (LTIP) as
follows:

Director                     Matching Awards         
                                                     
Robert Clarke                      10,226            
                                                     
Gillian Leates                     10,226            

These matching awards relate to 50% of the bonuses in respect of a special
dividend received from Majedie Asset Management Limited. The awards have been
granted at nil consideration and relate to ordinary shares of 10p each. They
have an aggregate exercise price of £1 but have no performance conditions
attached apart from the continuation of employment with the Company for three
years from the date of the awards.

Following these awards Robert Clarke and Gillian Leates have the following
interest in the Company's shares:

Director       Ordinary  % of issued  Share Options   Conditional    Matching  
                Shares      share     (2000 Scheme)    TSR-based      Awards   
                           capital                      Awards                 
                                                                               
Robert Clarke   25,361      0.048        379,931        119,408       45,804   
                                                                               
Gillian Leates   6,164      0.012        275,334        86,163        34,241   
                                                                               

23 May 2007

Contact:

Capita Sinclair Henderson Limited

Company Secretary

Tel: [phone]