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Paladin Resources (PLR)

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Wednesday 16 June, 2004

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
16 June 2004


                                   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                      Aberforth Partners

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 A NON BENEFICIAL INTEREST     SEE ATTACHED NOTE


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

                        N/A                 11,562,905                3.58%
N/A
                                                                   

9. Class of security                     10. Date of transaction 11. Date company informed

    ORDINARY SHARES OF £0.10                          14/06/04       15/06/04


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



     60,000,000                               20.44%


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



Registered Holders
                                                               No of Shares

Clydesdale Bank (Head Office) Nominees Ltd A/C ABERFIT1              13,860,000

Clydesdale Bank (Head Office) Nominees Ltd A/C ABERFUT1              13,515,000

Clydesdale Bank (Head Office) Nominees Ltd A/C ABERLP1A              16,500.000

Clydesdale Bank (Head Office) Nominees Ltd A/C ABERLP1B              16,500.000

The Church Commissioners for England (Chase GIS) Nominees Ltd         2,330,000

State Street Nominees Limited A/C JD59                                3,295,000

TOTAL                                                                66,000,000

                      This information is provided by RNS
            The company news service from the London Stock Exchange