Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

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You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Paladin Resources (PLR)

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Tuesday 29 April, 2003

Paladin Resources

Award of production licences

Paladin Resources PLC
29 April 2003





                              Paladin Resources plc

                   ("Paladin", "the Company" or "the Group")

         Award of Three Production Licences in the Norwegian North Sea



Paladin Resources plc announces that its wholly owned subsidiary, Paladin
Resources Norge AS  ("Paladin"), has been awarded three Production Licences
comprising four exploration blocks in the Norwegian North Sea Awards 2002, which
were announced on 28 October 2002.



The awards to Paladin are as follows:



A 30 per cent interest in Blocks 4/1 and 4/2 (PL 288) - these blocks are located
adjacent to the Norwegian- Danish median line approximately 15 to 20 km north of
the Nini Field which is currently being developed as a satellite to the Siri
Field (Paladin Oil Denmark Limited 30 per cent). Paladin's partners in these
blocks are DONG (operator with 40 per cent), and Statoil (30 per cent);



A 30 per cent interest in Block 3/7 (PL 289) - this block is also located
adjacent to the Norwegian-Danish median line. Paladin's partner in this block is
DONG (operator with 70 per cent); and



A 20 per cent interest in Block 31/4 (PL 291) - this block lies immediately to
the east of the Brage Field, in which Paladin holds a 20 per cent interest.
Paladin's partners in this block are the Brage Field partners, with Norsk Hydro
as operator (20 per cent).



There are no firm drilling commitments associated with the licence awards; in
each instance, the committed work programme involves the reprocessing and
interpretation of existing seismic data prior to a decision on whether or not to
commit to the drilling of an exploration well.



Roy Franklin, Chief Executive of Paladin Resources plc commented:



"This is another encouraging step forward in the development of Paladin's
Norwegian business. These blocks offer attractive satellite exploration
potential adjacent to producing fields with existing Paladin interests."



                                                                   29 April 2003



Enquiries:


Paladin Resources plc
Roy A. Franklin, Chief Executive                              Tel: 020 7024 4500

College Hill
James Henderson/Phil Wilson-Brown                             Tel: 020 7457 2020





                      This information is provided by RNS
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