RNS Number:1783J
Paladin Resources PLC
25 March 2003

                             PALADIN RESOURCES plc

                                ("the Company")


                         Directors' Interests in Shares


In accordance with the terms of the Company's Executive Share Option Scheme
("the Approved Scheme") and the 1998 Unapproved Share Option Scheme ("the
Unapproved Scheme"), three Directors yesterday exercised certain outstanding
options, at an exercise price of 34.328 pence per share, under the Approved
Scheme and the Unapproved Scheme as follows:

Name of Director          Approved Scheme          Unapproved Scheme

P Davison                    149,209               488,040

RA Franklin                  149,209               870,390

CJ McDowell                  149,209               488,040

The Directors have retained all of the shares exercised under the Approved
Scheme and have sold all of the shares exercised under the Unapproved Scheme at
a price of 72 pence per share. The resulting total number of shares held by each
Director, or by persons connected with him, is now as follows:

Name of Director          Number of shares          % of issued share capital

P Davison                    508,455                0.16

RA Franklin                  839,209                0.26

CJ McDowell                  535,459                0.17


The Ogier Employee Benefit Trustee Limited, as trustee of The Paladin Resources
plc Employee Share Trust ("the Trust"), yesterday purchased 500,000 ordinary
shares of 10 pence each at a price of 72 pence per share. The Trust now holds a
total of 2,981,923 shares, representing 0.93% of the issued share capital of the
Company. The shares are being held in the Trust in connection with conditional
awards made to certain Directors of the Company and other senior employees under
the Company's Long Term Incentive Plan 2000. As a potential beneficiary of the
Trust, each Director is technically deemed to be interested in the ordinary
shares held in the Trust.

25 March 2003

Enquiries:

Paladin Resources plc

Sally Powell, Company Secretary     020 7024 4500

College Hill

James Henderson                     020 7457 2020



                      This information is provided by RNS
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