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Paladin Resources (PLR)

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Monday 01 December, 2003

Paladin Resources

Director Shareholding

Paladin Resources PLC
01 December 2003

                             PALADIN RESOURCES plc
                                ("the Company")

                            Director's Interest in Shares

The Company has today been notified that Dr George Watkins, a Non-executive
Director of the Company, acquired 3,476 Ordinary Shares of 10p each in the
Company at the price of 85p per share on 25 November 2003.  Dr Watkins holds no
other shares in the Company.

                                                                 1 December 2003


Paladin Resources plc
Sally Powell, Company Secretary                      020 7024 4500

College Hill
James Henderson                                      020 7457 2020

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