Paladin Energy Ltd: Speculation in Australian Financial Review


PERTH, WESTERN AUSTRALIA--(Marketwire - April 19, 2012) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) advises that no decision has been made to undertake a convertible bond issue as speculated in the Australian Financial Review article published today.

ACN 061 681 098

Contact Information:

In Australia: Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61 8 9381 4366 or Mobile: +61 419 912 571
+61 (8) 9381 4978 (FAX)
john.borshoff@paladinenergy.com.au
www.paladinenergy.com.au