Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Majedie Investments Plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Declaration of interests in accordance         Yes     
with DTR 5.2.1(h) (voting rights exercisable as proxy)                         

3. Full name of person(s) subject to the notification obligation      Henry    
(iii):                                                              Sackville  
                                                                   Barlow OBE  
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):        Various, as 
                                                                    per proxy  
                                                                  instructions 
                                                                   received in 
                                                                   respect of  
                                                                  Issuer's AGM 
                                                                               
5. Date of the transaction (and date on which the threshold is     20 January  
crossed                                                           2009 (date of
or reached if different) (v):                                     Issuer's AGM)
                                                                               
6. Date on which issuer notified:                                  20 January  
                                                                      2009     
                                                                               
7. Threshold(s) that is/are crossed or reached:                        30%     
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of Situation previous to   Resulting situation after the triggering   
   shares        the Triggering                   transaction (vii)              
 if possible    transaction (vi)                                                 
  using the                                                                      
  ISIN CODE                                                                      
                                                                                 
                Number     Number     Number   Number of voting    % of voting   
                  of         of         of        rights (ix)         rights     
                Shares     Voting     shares                                     
                           Rights                                                
                           (viii)                                                
                                                                                 
                                      Direct   Direct  Indirect  Direct  Indirect
                                                (x)      (xi)                    
                                                                                 
GB0005555221  15,630,703 15,630,703 15,767,591 1,250  15,766,341 0.00238 30.01512
                                                                                 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
15,767,591                              30.01750                               

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):



Proxy Voting:


10. Name of the proxy holder:                                 Mr H S Barlow    
                                                                               
11. Number of voting rights proxy holder will cease to hold:  136,888          
                                                                               
12. Date on which proxy holder will cease to hold voting      20 January 2009  
rights:                                                       (unless AGM on   
                                                              that date is     
                                                              adjourned)       

13. Additional information:                                                    
                                                                               
14. Contact name:                                             Capita Sinclair  
                                                              Henderson Limited
                                                                               
15. Contact telephone number:                                 01392 477512