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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                     CO-OPERATIVE INSURANCE SOCIETY 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 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


                                               2,500,000
N/A
                        N/A                                          0.77%


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

   ORDINARY SHARES OF £0.10

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



926,775 WITH INTEREST IN A FURTHER       0.285% WITH INTEREST IN A FURTHER 4.312%
14,000,000


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

This notification relates to a previous
SAR5 notification made by Aberforth
Partners regarding its holdings in
Paladin Resources plc.  Co-operative
Insurance Society Limited have a direct
beneficial interest in 926,775 shares
(0.285%) and a further indirect
interest in 14,000,000 (4.312%) held by
Aberforth Partners, of which
Co-operative Insurance Society Limited
is a Limited Partner.


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
Co-operative Insurance Society Limited                               926,775
Clydesdale Bank (Head Office) Nominees Limited a/c ABERLP1A       14,000,000







                      This information is provided by RNS
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