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Paladin Resources (PLR)

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Tuesday 26 June, 2001

Paladin Resources

Holding in Company

Paladin Resources PLC
26 June 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Paladin Resources plc

2) Name of shareholder having a major interest

B S Pension Fund Trustee Limited

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 2 above

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

As in 2 above


5) Number of shares/amount of stock acquired

N/A

6) Percentage of issued class

N/A

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

Not detailed in notification

9) Class of security

Ordinary 10p shares

10) Date of transaction

-

11) Date company informed

25 June 2001

12) Total holding following this notification

7,514,566

13) Total percentage holding of issued class following this notification

3.57%

14) Any additional information

-

15) Name of contact and telephone number for queries

Burness

50 Lothian Road, Festival Square, Edinburgh

Tel : 0131 473 6000

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

Burness - authorised to make notifications on behalf of Paladin Resources plc


Date of notification : 26 June 2001