Paladin Energy Ltd-Third Quarter Conference Call & Investor Update-May 17 (Perth)/May 16 (Toronto)

PERTH, WESTERN AUSTRALIA--(Marketwire - May 3, 2011) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) -

PLEASE CHECK THE WORLD CLOCK TO CONFIRM THE DATE AND START TIME FOR YOUR LOCAL TIME ZONE.

Toronto: 16 May 2011, 19:00 hrs / London: 16 May 2011, 24:00 hrs / Hong Kong: 17 May 2011, 07:00 hrs

LIVE - Conference Call and Online Slide Show

Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 07:00 Perth and 0:700 Hong Kong on 17 May 2011 and 19:00 Toronto and 24:00 London on 16 May 2011, to give an update on the Company's activities.

The Online Slide Show will be accessible from the link at - www.paladinenergy.com.au.

Questions will be taken at the briefing's conclusion by way of conference call - Dial in numbers for the conference call are as follows:

CONFERENCE ID: 8829755(This mustbe quoted)

You are encouraged to dial in approximately 5-10 minutes prior to the commencement of the briefing.

ARCHIVE - Audio/Slides Webcast

The briefing will be available approximately 2-4 hours after the live event on the same link as the live online slide show.

ACN 061 681 098