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Paladin Resources (PLR)

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Monday 26 November, 2001

Paladin Resources

Holding in Company

Paladin Resources PLC
26 November 2001


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE - DATED 22 NOVEMBER 2001

Paladin Resources PLC

We write to advise you that as of the date of this letter, Edinburgh Fund 
Managers no longer have a notifiable interest in the shares of the above 
company.

FROM HSBC INVESTMENT BANK PLC