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Paladin Resources (PLR)

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Friday 25 February, 2005

Paladin Resources

Appointment of Joint Broker

Paladin Resources PLC
25 February 2005

Paladin Resources plc
("the Company")

Appointment of Merrill Lynch International as Joint Corporate Stockbroker

The Directors of Paladin Resources plc are pleased to announce that they have
today appointed Merrill Lynch International to act as joint corporate
stockbroker to the Company.

                                                                25 February 2005


Paladin Resources                                      020 7024 4500
Roy Franklin

Merrill Lynch                                          020 7996 1000
Peter Tracey

College Hill Associates                                020 7457 2020
Jim Joseph

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