Paladin Labs Inc.
TSX : PLB

Paladin Labs Inc.

July 31, 2008 16:30 ET

Notice of Paladin Labs' Second Quarter Results Conference Call

MONTREAL, CANADA--(Marketwire - July 31, 2008) - Paladin Labs Inc. (TSX:PLB), a leading Canadian specialty pharmaceutical company, will release its second quarter financial results on Thursday, August 7th, 2008 prior to market opening. Following the release, Paladin will hold a conference call at 9:30 a.m. (EST) hosted by Jonathan Ross Goodman, President and CEO of Paladin Labs. Paladin cordially invites all interested parties to participate in this call.

CONFERENCE CALL DETAILS:



DATE: Thursday, August 7th, 2008

TIME: 9:30 a.m. EST

DIAL IN NUMBER: 1-800-814-4853 OR 416-915-5765

TAPED REPLAY: 1-877-289-8525 OR 416-640-1917
Code:21276805
Available from Thursday, August 7,
2008 at 11:30 a.m.(EST) until Sunday,
September 7, 2008 at midnight.


The call will also be audio-cast live and archived for 30 days at www.paladinlabs.com.

About Paladin Labs Inc.

Paladin Labs Inc., headquartered in Montreal, Canada, is a leading specialty pharmaceutical company focused on developing, acquiring or in-licensing innovative pharmaceutical products for the Canadian market. With this strategy, a focused national sales team and proven marketing expertise, Paladin has evolved into one of Canada's leading specialty pharmaceutical companies. Paladin's shares trade on the Toronto Stock Exchange under the symbol PLB. For more information about Paladin, please visit the Paladin web site at www.paladinlabs.com

These forward-looking statements, by their nature, necessarily involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. The Companies consider the assumptions on which these forward-looking statements are based to be reasonable at the time they were prepared, but caution that these assumptions regarding the future events, many of which are beyond the control of the Companies and their subsidiaries, may ultimately prove to be incorrect. Factors and risks, which could cause actual results to differ materially from current expectations, are discussed in the annual reports, as well as in the Companies' Annual Information Forms for the year ended December 31, 2007. The Companies disclaim any intention or obligation to update or revise any forward-looking statements whether a result of new information, future events, or except as required by law. For additional information on risks and uncertainties relating to these forward-looking statements, investors should consult the Companies' ongoing quarterly filings, annual reports and Annual Information Forms and other filings found on SEDAR at www.sedar.com.

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