Holding(s) in Company

Majedie Investments PLC
23 January 2002


MAJEDIE INVESTMENTS PLC

The Company has been advised that on 11 January 2002 Cazenove Fund Management
Limited sold 50,000 ordinary 10p shares in the Company (representing 0.09% of
the Company's issued ordinary share capital).



As a result of this transaction, Cazenove Fund Management Limited now hold
5,785,353 ordinary 10p shares (representing 10.97% of the Company's issued
ordinary share capital).



Enquiries: Sinclair Henderson Ltd, Company Secretary, 01392 477512



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