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Paladin Resources (PLR)

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Tuesday 04 February, 2003

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
04 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

                                     AVS NO



All relevant boxes should be completed in block capital letters.

 1. Name of company                           2.      Name of shareholder having a major interest

                                                    LEGAL & GENERAL GROUP PLC
    PALADIN RESOURCES PLC


3. Please state whether notification          Name of the registered holder(s)and, if more than one holder, the number
indicates that it is in respect of holding of of shares held by each of them
the shareholder named in 2 above or in
respect of a non-beneficial interest or in    HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 775425 1,437,500
the case of an individual holder if it is a
holding of that person's spouse or children   HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 357206 7,258,747
under the age of 18 IN RESPECT OF SHAREHOLDER
NAMED IN 2                                    HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 747381 626,250

                                              HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 866203 432,207

                                              HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 360509 303,750

5. Number of shares/amount   6. Percentage of 7. Number of shares/amount   8. Percentage of issued class
of stock acquired NOT        issued class NOT of stock disposed N/A
NOTIFIED                     NOTIFIED                                            N/A


9. Class of security ORDINARY SHARES OF £0.10  10. Date of transaction      11. Date company informed 3 FEBRUARY 2003
                                                    28 JANUARY 2003

12. Total holding following this notification  13. Total percentage holding of issued class following this notification
     10,058,454                                3.16%

14. Any additional information                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 CAZENOVE, AUTHORISED TO MAKE NOTIFICATIONS ON

     BEHALF OF PALADIN RESOURCES PLC


Date of notification 3 FEBRUARY 2003

Company Announcement Office, Old Broad Street, London EC2N 1HP

Facsimile: 020 7588 6057, 020 7334 8964/8965/8966 (PLEASE DO NOT POST)

Enquiries: Company Monitoring and Enquiries, UK Listing Authority


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