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Paladin Resources (PLR)

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Wednesday 01 November, 2000

Paladin Resources

Result of EGM

Paladin Resources PLC
1 November 2000

     PALADIN RESOURCES PLC ('Paladin' or 'the Company')
           Result Of Extraordinary General Meeting

At  the Extraordinary General Meeting of Paladin, which took
place today, the resolutions to approve:

(1)  the  acquisition by the Company  of  certain  Norwegian
     oil and gas assets ('the Acquisition'), pursuant to the
     Acquisition  Agreements described in  the  circular  to
     shareholders dated 13 October 2000;

(2)  the  adoption of the Paladin Resources 2000  Long  Term
     Incentive Plan; and

(3)  the granting of authority to the Directors to amend the
     rules  of  the Paladin Resources 1998 Unapproved  Share
     Option Scheme

were duly passed.

The  Acquisition  remains subject to  the  approval  of  the
Norwegian regulatory authorities.  Completion is expected to
take place by the year end.

                                             1 November 2000


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

College Hill                            Tel: 020 7457 2020
James Henderson
Archie Berens