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Paladin Resources (PLR)

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Friday 03 December, 2004

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
03 December 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                        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 LIST



    IN RESPECT OF PARTY NAMED AT 2 ABOVE


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
N/A
                        N/A                                          N/A


9. Class of security                     10. Date of transaction 11. Date company informed
                                                                     
                                                                     2 December 2004

   ORDINARY SHARES OF £0.10

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


56,000,000                                    17.25%


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


This announcement is made under the
requirements of the Companies Act 1985
and following the SAR5 announcement
made on 1 December 2004.  Aberforth
Partners have an interest in
56,000,0000 shares (17.25%).

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



Mimi Ajibade, Asst Company Secretary





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
Nortrust Nominees Limited A/C ABERFRTH                                                        51,856,400
The Church Commissioners for England (Chase GIS) Nominees Ltd                                  1,939,000
State Street Nominees Limited A/C JD59                                                         2,204,600
                                                                                              56,000,000




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