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Paladin Resources (PLR)

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Tuesday 28 June, 2005

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
28 June 2005

                                  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                     CALEDONIA INVESTMENTS PLC

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                     N/A                 N/A                      N/A


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

                                                    23 June 2005   27 June 2005

   ORDINARY SHARES OF £0.10

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

     30,468,614 WITH INTEREST IN A            8.98% WITH INTEREST IN A FURTHER 3.24%
FURTHER 11,000,000


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

                                          GARY GRAY, BURNESS LLP, 0131 473 6103

This notification relates to a sale by
Aberforth Partners of 20,000,000 shares
in Paladin Resources plc.  Caledonia
Investments plc have a direct
beneficial interest in 30,468,614
shares (8.98%) and, a further indirect
interest in 11,000,000 (3.24%) held by
Aberforth Partners, of which Caledonia
Investments plc is a Limited Partner.
Caledonia's beneficial interest in
Paladin remains unchanged.

The Cayzer Trust Company Limited, a
substantial shareholder in Caledonia
Investments plc is also deemed under
the Companies Act 1985 to be interested
in the Paladin Shares in which
Caledonia has an interest.

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
Caledonia Investments plc                                             30,468,614
Nortrust Nominees Limited a/c ABERFRTH                                 5,500,000
Nortrust Nominees Limited a/c ABERFRTH                                 5,500,000




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