Holding(s) in Company

RNS Number:2561J
Paladin Resources PLC
26 March 2003

                                  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 indicates    4. Name of the registered holder(s)and, if more than one
that it is in respect of holding of the           holder, the number of shares held by each of them
shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an      CALEDONIA INVESTMENTS PLC -
individual holder if it is a holding of that
person's spouse or children under the age of 18   30,008,848

IN RESPECT OF SHAREHOLDER                         CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD A/C ABERLP1A
                                                  - 19,378,445
NAMED IN 2
                                                  CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD A/C ABERLP1B
                                                  - 19,378,445


5. Number of shares/      6. Percentage of issued 7. Number of shares/amount 8. Percentage of issued class
amount of stock acquired  class                   of stock disposed
                                                                                  N/A
     2,150,000                 0.68%                   N/A


9. Class of security                      10. Date of transaction      11. Date company informed
                                               NOT NOTIFIED
ORDINARY SHARES OF #0.10                                                    26/03/03


12. Total holding following this          13. Total percentage holding of issued class following this
notification 30,008,848                        notification 9.44% WITH INTEREST IN FURTHER 12.19%

WITH INTEREST IN FURTHER 38,756,890

14. Any additional information: INTEREST IN 15. Name of contact and telephone number for queries
SHARES ARISES AS CALEDONIA INVESTMENTS IS
LIMITED PARTNER OF ABERFORTH LIMITED             TINA HANKIN 0131 473 6103
PARTNERSHIP 1A

16. Name and signature of authorised company official
     responsible for making this notification


Date of notification 26 MARCH 2003


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


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