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Paladin Resources (PLR)

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Tuesday 17 May, 2005

Paladin Resources

Directors Interests in Shares

Paladin Resources PLC
17 May 2005


Paladin Resources plc                       
("the Company")


Directors' Interests in Shares


The Company was notified on 16 May 2005 that the Ogier Employee Benefit Trustee
Limited, as trustee of The Paladin Resources plc Employee Share Trust ("the
Trust"), purchased 250,000 ordinary shares of 10 pence each at a price of 177
pence per share on 13 May 2005. The Trust now holds a total of 1,195,523 shares,
representing 0.35% 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.


                                                                     17 May 2005


ENQUIRIES


Paladin Resources plc                                         Tel. 020 7024 4500
Sally Powell, Company Secretary

College Hill                                                  Tel. 020 7457 2020

Jim Joseph
Nick Elwes






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