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Paladin Resources (PLR)

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Tuesday 03 April, 2001

Paladin Resources

Holding in Company

Paladin Resources PLC
2 April 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     PALADIN RESOURCES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ABERFORTH PARTNERS

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     IN RESPECT OF SHAREHOLDER NAMED IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     SEE NOTE 1.

5)   Number of shares/amount of stock acquired.

     NOT DETAILED IN NOTIFICATION

6)   (NOT DETAILED IN NOTIFICATION %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY

10)  Date of transaction



11)  Date company informed

     2 APRIL 2001

12)  Total holding following this notification

     25,237,798
               
              
13)  Total percentage holding of issued class following this notification

     11.98%

14)  Any additional information



15)  Name of contact and telephone number for queries

     BURNESS
     0131 473 6000

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .....2 APRIL 2001...................


NOTE 1
     
REGISTERED HOLDER                                              NO OF SHARES
Clydesdale Bank (Head Office) Nominees Ltd A/C ABERFIT1        7,990,252
Clydesdale Bank (Head Office) Nominees Ltd A/C ABERFIT2        4,287,138
Clydesdale Bank (Head Office) Nominees Ltd A/C ABERFUT1        4,240,408
Clydesdale Bank (Head Office) Nominees Ltd A/C ABERLP1A        4,360,000
Clydesdale Bank (Head Office) Nominees Ltd A/C ABERLP1B        4,360,000

TOTAL 25,237,798