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Paladin Resources (PLR)

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Thursday 20 June, 2002

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
20 June 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     PALADIN RESOURCES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     FIDELITY INTERNATIONAL 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

     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.

     CHASE MANHATTAN BANK LONDON
     - 7,577,402

     STATE STREET BANK & TRUST
     - 334,700

5)   Number of shares/amount of stock acquired.

     NOT DETAILED IN NOTIFICATION

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF £0.10

10)  Date of transaction

     NOT DETAILED IN NOTIFICATION

11)  Date company informed

     19 JUNE 2002

12)  Total holding following this notification

     7,912,102
               
13)  Total percentage holding of issued class following this notification

     3.12%

14)  Any additional information



15)  Name of contact and telephone number for queries

     TINA HODGSON
     BURNESS
     TEL. NO. 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      20 JUNE 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange