News Column


June 2, 2014

MAJEDIE INVESTMENTS PLC The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 30 May 2014 was as follows: With debentures at par value: 253.07 pence per share With debentures at fair value: 238.63 pence per share The net asset value published is on a cum-income basis (calculated using income and expenditure estimates). The Board has changed the method of calculation of the fair value of debentures. It has decided the most appropriate method is to use the market yield of UK Treasury Bonds of equal duration plus 2.5%. The Board sees this mechanism as transparent, market related and consistent with best practice. This was noted in the Interim Statement published on 30th May 2014.

02 June 2014

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Source: PR Newswire (UK Disclosure)

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