Paladin Energy Ltd
TSX : PDN
ASX : PDN

Paladin Energy Ltd

February 15, 2011 06:58 ET

Paladin Energy Ltd-Correction to Share Information-Half Year Accounts

PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 15, 2011) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") notes that, following the release of the 31 December 2010 Half Year Financial Statements, we advise that due to an error on page 22 in relation to the outstanding share information at 14 February 2011, the corrected table is now set out below.

OUTSTANDING SHARE INFORMATION

As at 14 February 2011 Paladin had 777,678,217 fully paid ordinary shares issued and outstanding. The following table sets out the fully paid ordinary outstanding shares and those issuable under the Company Executive Share Option Plan, the Company Employee and Contractor Performance Share Rights Plans and in relation to the Convertible Bonds:

As at 14 February 2011 Number
Outstanding shares 777,678,217
Issuable under Executive Share Option Plan 11,865,794
Issuable under Employee Performance Share Rights Plan 7,334,917
Issuable in relation to the US$325 million Convertible Bonds 49,317,147
Issuable in relation to the US$300 million Convertible Bonds 52,956,752
 
Total 899,152,827

ACN 061 681 098

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