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Paladin Resources (PLR)

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Thursday 17 June, 2004

Paladin Resources

Holding(s) in Company-Amend

Paladin Resources PLC
16 June 2004

The following replaces the Holdings in Company announcement released on the 16
June 2004 at 10:12, under RNS number 8133Z.

In Section 12, the total holding should read 66,000,000 and not 60,000,000 as
previously stated.

All other details remain unchanged, the full amended text appears below.

                                    SCHEDULE 10



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

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

                                                    14/06/04       15/06/04

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

     66,000,000                               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