Holding(s) in Company

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

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

3. Full name of person(s) subject to the notification obligation      Smith &   
(iii):                                                              Williamson  
                                                                     Holdings   
                                                                      Limited   
                                                                                
4. Full name of shareholder(s) (if different from 3.) (iv):           Nominee   
                                                                   companies of 
                                                                      Smith &   
                                                                    Williamson  
                                                                       Inv.     
                                                                    Management  
                                                                    Limited as  
                                                                    detailed in 
                                                                     section 9  
                                                                                
5. Date of the transaction (and date on which the threshold is     8th May 2009 
crossed                                                                         
or reached if different) (v):                                                   
                                                                                
6. Date on which issuer notified:                                  12th May 2009
                                                                                
7. Threshold(s) that is/are crossed or reached:                         5%      
                                                                                
8. Notified details:                                                            
                                                                                
A: Voting rights attached to shares                                             
                                                                                
Class/type of Situation previous     Resulting situation after the triggering   
   shares             to                        transaction (vii)               
 if possible    the Triggering                                                  
  using the    transaction (vi)                                                 
  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)                      
                                                                                
   0555522    3,059,490 3,059,490 1,890,404         1,890,404            3.60%  
                                                                                

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

Total (A+B)                                                                    
                                                                               
Number of voting rights                % of voting rights                      
                                                                               
1,890,404                              3.60%                                   

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable (xv):                
                                                                               
Smith and Williamson Nominees Limited, a subsidiary of Smith & Williamson      
Investment Management Limited, sub of S&W Holdings Ltd: 1,887,404 shares.      
                                                                               
Clerical Medical International to the order of Smith & Williamson Investment   
Management Limited, sub of S&W Holdings Ltd: 3,000 shares.                     

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will cease to                         
hold:                                                                          
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number:                                                  

Annex Notification Of Major Interests In Shares (xvi)                          
                                                                               
A: Identity of the person or legal entity subject to the                       
notification obligation                                                        
                                                                               
Full name (including legal form for legal entities)         Smith & Williamson 
                                                            Holdings Limited   
                                                                               
Contact address (registered office for legal entities)      25 Moorgate        
                                                                               
                                                            London             
                                                                               
                                                            EC2R 6AY           
                                                                               
Phone number                                                020 7131 4000      
                                                                               
Other useful information (at least legal representative for Steven             
legal persons)                                              Hamilton-Jones     
                                                                               
                                                            Compliance Manager 
                                                                               
                                                            Smith & Williamson 
                                                            Investment         
                                                            Management         
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number                                                                   
                                                                               
Other useful information (e.g. functional relationship with                    
the person                                                                     
or legal entity subject to the notification obligation)                        

C: Additional information