Paladin Energy: Purchase of Shares


PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 16, 2012) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) today notes that Mr. Donald Shumka, Director, has purchased 100,000 additional shares of the Company on market at a total cost of $80,497. This brings his holdings to 200,000 shares.

Contact Information:

Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61-8-9381-4366 or Mobile: +61-419-912-571
john.borshoff@paladinenergy.com.au

Paladin Energy Ltd
Greg Taylor
Investor Relations Contact
+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)
greg.taylor@paladinenergy.com.au