RNS Number:2831U
Paladin Resources PLC
15 January 2004

                                SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


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                        Fidelity Investments Limited (FIL)


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 SHAREHOLDER NAMED IN 2


5. Number of shares/    6. Percentage of    7. Number of             8. Percentage of issued
amount of stock         issued class                                 class
acquired                                         shares/amount of
    3,341,200                                    stock disposed
                            0.10%                      N/A           N/A


9. Class of security                          10. Date of transaction 11. Date company informed
                                                  13 January 2004         15 January 2004

    ORDINARY SHARES OF #0.10

12. Total holding following this              13. Total percentage holding of issued class
                                              following this notification
       notification
                                              6.10%
       19,638,894


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

                                                 GARY GRAY, BURNESS 0131 473 6103

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



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




Paladin Resources PLC


Name                                              No of Shares

Chase Manhattan Bank London                       15,833,737
Chase Nominees Limited                            618,400
HSBC Client Holdings Nominee (UK) Limited         816,500
Chase Manhattan Bank London                       1,101,857
Northern Trust                                    247,700
State Street Bank & Trust                         1,020,700
TOTAL                                             19,638,894







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