RNS Number:0315K
Caledon Resources PLC
14 April 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company
    Caledon Resources Plc

 2. Name of shareholder having a major interest
    Dragon Equities Limited

 3. Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in 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
    As above

 4. Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them
    As above

 5. Number of shares/amount of stock acquired
    14,440,916

 6. Percentage of issued class
    7.99%

 7. Number of shares/amount of stock disposed
    N/A

 8. Percentage of issued class
    N/A

 9. Class of security
    Ordinary shares of 0.1p each

10. Date of transaction
    14 April 2003

11. Date company informed
    14 April 2003

12. Total holding following this notification
    14,440,916

13. Total percentage holding of issued class following this notification
    7.99%

14. Any additional information
    N/A

15. Name of contact and telephone number for queries
    Stephen Dattels, tel: 020 7529 7512

16. Name and signature of authorised company official responsible for
    making this notification
    Stephen Dattels, Executive chairman and managing director


    Date of notification 14 April 2003



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