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Paladin Resources (PLR)

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Friday 21 October, 2005

Paladin Resources

Holding(s) in Company

Paladin Resources PLC
21 October 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                           N/A

     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 
     acquired                                      disposed class

     N/A                      N/A                  25,000,000 and a          7.28% and a further  
                                                   further interest in       interest in 1.16%               
                                                   3, 971,500          

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

     ORDINARY SHARES OF £0.10                    20 October 2005              21 October 2005


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

     NIL                                         NIL


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

                                                 GARY GRAY, BURNESS 0131 473 6103

This notification relates to:  (i) a
sale by Caledonia Investments plc of
25,000,000 shares (7.28%) directly held
in Paladin Resources plc.  Caledonia
Investments plc no longer have any
direct interest in shares in Paladin
Resources plc; and (ii) a sale by
Aberforth Partners of 3,971,500 shares
(1.16%) in which Caledonia was deemed
to have an interest . Caledonia
Investments plc ceased to hold any
indirect interest in shares in Paladin
Resources plc.

Consequently, Cayzer Trust Company
Limited, a substantial shareholder in
Caledonia Investments plc is also
deemed under the Companies Act 1985 to
no longer have a notifiable interest in
Paladin Shares.


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


                      This information is provided by RNS
            The company news service from the London Stock Exchange