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Paladin Resources (PLR)

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Tuesday 08 October, 2002

Paladin Resources

Director Shareholding

Paladin Resources PLC
08 October 2002



                             Paladin Resources plc

                                ("the Company")





                          Director's Interests in Shares





By a written resolution of the Remuneration Committee of the Company passed on
19 September 2002, options were granted to Daniel Stewart-Roberts (Finance
Director) under the Paladin Resources Approved Share Option Scheme and the
Paladin Resources 1998 Unapproved Share Option Scheme.  The options granted were
as follows:




                                                                                              Exercise price
                                                                                              per option (p)
                                                                             No. of options

Share Option Scheme

Paladin Resources Approved Share Option Scheme                                       41,958             71.5
Paladin Resources 1998 Unapproved Share Option Scheme                               158,042             71.0





The options under both schemes will become exercisable three years following the
date of grant, provided that the total shareholder return of the Company during
that period increases by a percentage amount that is equal to or greater than
the percentage change in the Retail Prices Index plus 3% per annum over the same
period.  The options expire six years after the date of grant.



The options detailed above are the total number of options held by Daniel
Stewart-Roberts.



8 October 2002




Enquiries:

Paladin Resources plc

Sally Powell, Company Secretary                        Tel: 020 7534 2900






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