Director Shareholding

Majedie Investments PLC
1 October 2001

MAJEDIE INVESTMENTS PLC


The Company has today been advised that on 27 September 2001 Sir John K
Barlow, a Director of the Company, sold a total of 10,000 Ordinary 10p shares
in Majedie Investments PLC (representing 0.019% of the Company's issued
Ordinary share capital) at a price of £2.41 per share.


As a result of this transaction, Sir John K Barlow's beneficial interest has
reduced from 2,928,186 to 2,918,186 Ordinary 10p shares (representing 5.54% of
the Company's issued Ordinary share capital). This beneficial interest
includes holdings within certain Trusts where there are other beneficiaries.


Non-beneficial interests of Sir John K Barlow remain at 1,231,205 which
represents 2.34% of the Company's issued Ordinary share capital.