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Paladin Resources (PLR)

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Wednesday 29 June, 2005

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
29 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                      CO-OPERATIVE INSURANCE SOCIETY LIMITED

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                  8,500,000                2.50%




9. Class of security                     10. Date of transaction 11. Date company informed
                                               23 June 2005             28 June 2005


                ORDINARY SHARES OF £0.10
12. Total holding following this         13. Total percentage holding of issued class following
notification                                 this notification



926,775 with interest in a further           0.285% with interest in a further 1.62%
5,500,000


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

This notification is related to a SAR5
notification made on 24 June 2005 by
Aberforth Partners regarding a sale of       GARY GRAY, BURNESS 0131 473 6103
20,000,000 shares in Paladin Resources
plc.  Co-operative Insurance Society
(CIS) Limited have a direct beneficial
interest in 926,775 shares (0.285%)
and, a further indirect interest in
5,500,000 (1.62%) held by Aberforth
Partners, of which CIS is a Limited
Partner.
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


Beneficial Owner                                              No of Shares

Co-operative Insurance Society Limited                         926,775
Aberforth Limited Partnership 1A                             5,500,000






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