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Paladin Resources (PLR)

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Thursday 22 May, 2003

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
22 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                      THE CAPITAL GROUP COMPANIES INC
3. Please state whether notification        4.   Name of the registered holder(s)and, if more
indicates that it is in respect of holding  than one holder, the number of shares held by each
of the shareholder named in 2 above or in   of 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           STATE STREET NOMINEES LIMITED
SHAREHOLDER NAMED IN 2






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




9. Class of security                     10. Date of transaction 11. Date company informed
                                                    20 MAY 2003    22 MAY 2003
ORINARY SHARES OF £0.10
12. Total holding following this         13. Total percentage holding of issued class following
notification 9,000,000                   this        notification  2.803%


14. Any additional information          15. Name of contact and telephone number for queries
                                        TINA HANKIN 0131 473 6000
NOTICE MADE ON BEHALF OF THE
SHAREHOLDER'S AFFILIATES INCLUDING
CAPITAL RESEARCH AND MANAGEMENT COMPANY
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 22 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
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