Director Shareholding

Majedie Investments PLC
14 December 2001


MAJEDIE INVESTMENTS PLC


The Company has today been advised that on 13 December 2001 Sir John K Barlow,
a Director of the Company, sold a total of 20,000 Ordinary 10p shares in
Majedie Investments PLC (representing 0.038% of the Company's issued Ordinary
share capital) at a price of £2.70 per share.


As a result of this transaction, Sir John K Barlow's beneficial interest has
reduced from 2,908,186 to 2,878,186 Ordinary 10p shares (representing 5.46% 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.


14 December 2001


For further information contact the Company Secretary, Sinclair Henderson
Limited; telephone  [phone].