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Paladin Resources (PLR)

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Thursday 11 November, 2004

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
11 November 2004

                                  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                      AXA S.A.

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
                            0.66%                                      N/A

9. Class of security                     10. Date of transaction 11. Date company informed
                                              8 November 2004    10 November 2004


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

     The shareholder has a beneficial    Beneficial interest of 0.05% and non-beneficial
interest in 164,000 Ordinary Shares of   interest of 10.53%
£0.10 each (0.05%) and a non-beneficial
interest in 34,188,043 Ordinary Shares
of £0.10 each (10.56%) in the capital of
the Company.

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

16. Name and signature of authorised company official

       responsible for making this notification

     Mimi Ajibade, Asst. Company Secretary

     Date of notification   11 November 2004

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 Shareholder                                     No of Shares

HSBC Global Custody Nominees (UK) Ltd                           988,000
Chase Nominees Ltd a/c 17336                                    19,693
Chase Nominees Ltd a/c 17260                                    63,000
Smith & Williamson Nominees Ltd                                 63,000
Sun Life International                                          101,000
AXA France                                                      829,479
Chase Nominees Ltd a/c 21652                                    3,193
AXA Financial Inc                                               16,831,320
AXA Financial Inc                                               15,453,358
TOTAL                                                           34,352,043

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