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Paladin Resources (PLR)

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Thursday 24 October, 2002

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
24 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                        - 18,723,366
                                                                 
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

     23 OCTOBER 2002

11)  Date company informed
     
     24 OCTOBER 2002

12)  Total holding following this notification

     49,728,878
     
13)  Total percentage holding of issued class following this notification

     19.55%

14)  Any additional information

CALEDONIA INVESTMENTS PLC IS THE HOLDING COMPANY OF CALEDONIA INVESTMENT FUNDS
LIMITED AND CALEDONIA GENERAL INVESTMENTS LIMITED (SEE ALSO NOTIFICATIONS BELOW 
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

     Date of Notification ...24 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.

     1,301,000

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

     23 OCTOBER 2002

11)  Date company informed

     24 OCTOBER 2002

12)  Total holding following this notification

     18,723,366
                   
13)  Total percentage holding of issued class following this notification

     7.36%

14)  Any additional information

CALEDONIA GENERAL INVESTMENTS LIMITED IS A WHOLLY OWNED SUBSIDIARY OF CALEDONIA
INVESTMENTS PLC. SEE ALSO NOTIFICATIONS 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 ...24 OCTOBER 2002.....

                      This information is provided by RNS
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