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Paladin Resources (PLR)

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Thursday 04 July, 2002

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
4 July 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    9,952,402
     STATE STREET BANK & TRUST        334,700

5)   Number of shares/amount of stock acquired.

     NOT DETAILED IN NOTIFICATION

6)   ( N/A %) of issued Class

     NOT DETAILED IN NOTIFICATION

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

     4 JULY 2002

12)  Total holding following this notification

     10,287,102
               
13)  Total percentage holding of issued class following this notification

     4.06%

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

     BURNESS, AUTHORISED TO MAKE NOTIFICATIONS ON BEHALF OF PALADIN RESOURCES

     Date of Notification   4 JULY 2002


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