Director Shareholding

MAJEDIE INVESTMENTS PLC

The Company has been advised by J William M Barlow, a Director of the Company,
that his non-beneficial interest in the Company has increased by 2,035,764
Ordinary shares (representing 3.88% of the issued share capital) to 2,335,764
Ordinary Shares (representing 4.45% of the issued share capital).

J William M Barlow's beneficial holding remains unchanged.

6 April 2004

Enquiries:

Sinclair Henderson Ltd, Company Secretary, 01392 477512