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Paladin Resources (PLR)

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Monday 21 March, 2005

Paladin Resources

Directors Interests in Shares

Paladin Resources PLC
21 March 2005

("the Company")

Directors' Interests in Shares

The Company was notified on 18 March 2005 that the Ogier Employee Benefit
Trustee Limited, as trustee of The Paladin Resources plc Employee Share Trust 
("the Trust"), purchased 1,250,000 ordinary shares of 10 pence each at a price 
of 180 pence per share on 17 March 2005. The Trust now holds a total of 
2,501,923 shares, representing 0.74% of the issued share capital of the Company.
The shares are being held in the Trust in connection with conditional awards
made to certain Directors of the Company and other senior employees under the
Company's Long Term Incentive Plan 2000. As a potential beneficiary of the
Trust, each such Director is technically deemed to be interested in the ordinary
shares held in the Trust.

                                                                   21 March 2005


Paladin Resources plc                                020 7024 4500
Sally Powell, Company Secretary

College Hill                                         020 7457 2020
Jim Joseph/Nick Elwes

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