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Paladin Resources (PLR)

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Monday 09 October, 2000

Paladin Resources

Director's Interest

Paladin Resources PLC
9 October 2000


                  PALADIN RESOURCES PLC
              ('Paladin' or 'the Company')
                            
           Notification of Director's Interest
                            
Paladin  announces  that on 6 October  2000  it  received
notification  of  a  change in the  shareholdings  of  Mr
Malcolm Gourlay, the Company's Chairman.  Mr Gourlay  has
transferred 394,445 ordinary shares in Paladin, which had
previously  been held by a private company controlled  by
him,  into his own name.  Mr Gourlay remains beneficially
interested  in  a  total of 526,445  ordinary  shares  in
Paladin,  representing  approximately 0.26 per  cent.  of
the Company's issued share capital.


ENQUIRIES:

Paladin Resources plc             Tel: 020 7534 2900
Roy Franklin, Chief Executive

College Hill                      Tel: 020 7457 2020
James Henderson
Archie Berens