Result of AGM

Majedie Investments PLC
22 January 2001



MAJEDIE INVESTMENTS PLC

Following the Annual General Meeting held on 16 January 2001, the Company is
pleased to announce that all resolutions were passed by shareholders.

The shareholders also passed the Special Resolution as set out in the Notice
of the Meeting  authorising the Company generally for the purposes of Section
166 of the Companies Act 1985 to make market purchases of of shares of 10p
each in the capital of the Company.

The shareholders further passed the Special Resolution as set out in the
Notice of the Meeting approving the Majedie Investments PLC Discretionary
Share Option Scheme 2000 as summarised in a circular to shareholders dated 7
December 2000.

Sir Richard Baker Wilbraham and William Underwood resigned as Directors of the
Company following the conclusion of the Annual General Meeting.