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Paladin Resources (PLR)

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Friday 24 June, 2005

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
24 June 2005

                           PALADIN RESOURCES plc

                              SCHEDULE 10

             NOTIFICATION OF MAJOR INTERESTS IN SHARES


AVS NO

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                     ABERFORTH PARTNERS

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                         

    IN RESPECT OF PARTY NAMED AT 2 ABOVE     SEE ATTACHED LIST


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                     N/A                    20,000,000            5.89% 

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

                                                                   24 June 2005
  ORDINARY SHARES OF £0.10

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

36,486,000                                    10.75%

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

                                          GARY GRAY, BURNESS LLP, 0131 473 6103


This announcement is made under the
requirements of the Companies Act 1985
and following the Section 198
notification of said Act and SAR5
announcement made on 24 June 2005.
Aberforth Partners have an interest in
36,486,000 shares (10.75%).

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
Nortrust Nominees Limited A/C ABERFRTH                                          31,610,400
The Church Commissioners for England (Chase GIS) Nominees Ltd                    1,708,000
State Street Nominees Limited A/C JD59                                           1,955,600
Bank of Ireland Nominees Limited                                                 1,212,000
                                                                                36,486,000





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