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Paladin Resources (PLR)

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Wednesday 23 October, 2002

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
23 October 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

PALADIN RESOURCES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CALEDONIA GENERAL INVESTMENTS 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 SHAREHOLDER NAMED IN 2

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

CALEDONIA GENERAL INVESTMENTS LIMITED

5)   Number of shares/amount of stock acquired.

1,100,000

6)   (0.43%) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF £0.10

10)  Date of transaction

21 OCTOBER 2002

11)  Date company informed

22 OCTOBER 2002

12)  Total holding following this notification

17,422,366
               
13)  Total percentage holding of issued class following this notification

6.85%

14)  Any additional information

CALEDONIA GENERAL INVESTMENTS LIMITED IS A WHOLLY OWNED SUBSIDIARY OF CALEDONIA
INVESTMENTS PLC. SEE ALSO NOTIFICATIONS BELOW OF ASSOCIATED INTERESTS.

15)  Name of contact and telephone number for queries

TINA HANKIN, BURNESS 0131 473 6103

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 ...23 OCTOBER 2002.....




                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

PALADIN RESOURCES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CALEDONIA INVESTMENT FUNDS 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 SHAREHOLDER NAMED IN 2

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

ABERFORTH LIMITED PARTNERSHIP 1A        15,502,756
ABERFORTH LIMITED PARTNERSHIP 1B        15,502,756

5)   Number of shares/amount of stock acquired.

NOT NOTIFIED

6)   (N/A %) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF £0.10

10)  Date of transaction

21 OCTOBER 2002

11)  Date company informed

22 OCTOBER 2002

12)  Total holding following this notification

31,005,512
               
13)  Total percentage holding of issued class following this notification

12.19%

14)  Any additional information

CALEDONIA INVESTMENT FUNDS LIMITED IS A WHOLLY OWNED SUBSIDIARY OF CALEDONIA
INVESTMENTS PLC. SEE ALSO NOTIFICATIONS BELOW OF ACQUISITION BY CALEDONIA
GENERAL INVESTMENT LIMITED AND NOTIFICATION OF AGGREGATE INTERESTS.

15)  Name of contact and telephone number for queries

TINA HANKIN, BURNESS 0131 473 6103

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 ...23 OCTOBER 2002.....




                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

PALADIN RESOURCES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CALEDONIA INVESTMENTS PLC
THE CAYZER TRUST COMPANY 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 SHAREHOLDER NAMED IN 2

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

CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED A/C ABERLP1A    15,502,756
CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED A/C ABERLP1B    15,502,756
CALEDONIA GENERAL INVESTMENTS LIMITED                          17,422,366

5)   Number of shares/amount of stock acquired.

NOT NOTIFIED

6)   (NOT NOTIFIED) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF £0.10

10)  Date of transaction

21 OCTOBER 2002

11)  Date company informed

22 OCTOBER 2002

12)  Total holding following this notification

48,427,878
               
13)  Total percentage holding of issued class following this notification

19.04%

14)  Any additional information

CALEDONIA INVESTMENTS PLC IS THE HOLDING COMPANY OF CALEDONIA INVESTMENT FUNDS
LIMITED AND CALEDONIA GENERAL INVESTMENTS LIMITED. SEE ALSO OTHER NOTIFICATIONS
OF ACQUISITION AND ASSOCIATED INTERESTS. CAYZER TRUST COMPANY LIMITED IS A MAJOR
SHAREHOLDER IN CALEDONIA INVESTMENTS PLC AND AS SUCH IS AN INTERESTED PARTY.

15)  Name of contact and telephone number for queries

TINA HANKIN, BURNESS 0131 473 6103

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 ...23 OCTOBER 2002.....




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