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Paladin Resources (PLR)

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Thursday 23 December, 2004

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
23 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
                                                  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

    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
     1,396,327
                            0.43%                                    N/A

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

                                            21 December 2004     22 December 2004

ORDINARY SHARES OF £0.10

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

     36,334,627                               11.20%


14. Any additional information          15. Name of contact and telephone number for queries

                                               Mimi Ajibade, 020 7024 4500

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

AXA UK Investment Co ICVC - UK Smaller Companies Fund         988,000
AXA UK Investment Co ICVC - Global Distribution Fund          19,693
AXA UK Investment Co ICVC - Global Growth Fund                63,000
Sun Life Pensions Management Ltd                              63,000
Sun Life International (IOM) Ltd                              101,000
AXA France                                                    749,889
AXA Ireland Pension Fund                                      3,163
AXA Financial Inc  (Bernstein)                                18,879,130
AXA Financial Inc (AXA Rosenberg)                             14,777,804


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