MAJEDIE INVESTMENTS PLC

The unaudited consolidated net asset value of the Ordinary shares
 of the Company at the close of business on 21 February 2014 was as follows:

With debentures at par value: 244.92 pence per share

The debentures at fair value: 227.13 pence per share

The net asset value published is on a cum-income basis (calculated
using income and expenditure estimates). Additionally the fair value of the
debentures has been estimated by reference to the redemption yields of a
similar company's debt instrument, with an appropriate margin spread added.


24 February 2014