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Paladin Resources (PLR)

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Tuesday 20 May, 2003

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
20 May 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

       PALADIN RESOURCES PLC                       CAYZER TRUST COMPANY LIMITED


3. Please state whether notification        Name of the registered holder(s)and, if more than
indicates that it is in respect of holding  one holder, the number of shares held by each of
of the shareholder named in 2 above or in   them
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           CALEDONIA INVESTMENTS PLC - 35,633,848
SHAREHOLDER NAMED IN 2                      CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED A/C ABERLP1A - 19,378,445
                                            CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED A/C ABERLP1B - 19,378,445


5. Number of shares/    6. Percentage of    7. Number of shares/     8. Percentage of issued
amount of stock         issued class        amount of stock disposed class
acquired 

 5,000,000                      1.57%             N/A                  N/A




9. Class of security ORDINARY SHARES OF  10. Date of transaction 11. Date company informed
£0.10                                               NOT NOTIFIED   19 May 2003



12. Total holding following this         13. Total percentage holding of issued class following
notification 74,390,738                  this notification  23.16%



14. Any additional information          15. Name of contact and telephone number for queries
                                        TINA HANKIN, BURNESS 0131 473 6103


CAYZER TRUST COMPANY IS A SUBSTANTIAL
SHAREHOLDER IN
CALEDONIAN INVESTMENTS PLC. CALEDONIAN
INVESTMENTS PLC IS A LIMITED PARTNER IN
ABERFORTH LTD PARTNERSHIP 1A WHICH HAS
INTEREST IN ABERFORTH LTD PARTNERSHIP 1B


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 20 May 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