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Paladin Resources (PLR)

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Thursday 06 May, 2004

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
06 May 2004

                                    SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


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                        FIDELITY INVESTMENTS 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                           SEE ATTACHED NOTE



    IN RESPECT OF SHAREHOLDER NAMED IN 2


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

    N/A                    N/A                  217,075                0.067%
                          

                                                                     
9. Class of security                       10. Date of transaction    11. Date company informed
   ORDINARY SHARES OF £0.10                        05/05/04             05/05/04


    
12. Total holding following this           13. Total percentage holding of issued class
notification                               following this notification

     22,381,019                                 6.93%


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


16. Name and signature of authorised company official
       responsible for making this notification



Date of notification


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


SHAREHOLDER                                            NO OF SHARES



Chase Manhattan Bank London                            16,499,791
Chase Nominees Limited                                  1,200,000
Chase Nominees Limited                                    467,100
HSBC Chase Holdings Nominee (UK) Limited                  640,700
Bankers Trust                                           1,520,700
Chase Manhattan Bank London                             1,087,228
Northern Trust                                            190,400
State Street Bank & Trust                                 775,100






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