Paladin Energy: Results of Annual General Meeting

PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 24, 2011) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) advises, following the Company's Annual General Meeting and, in accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, details of the resolutions and the proxies received in respect of each resolution are set out in the attached proxy summary.

1) Remuneration Report

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Against	Abstain	Proxy's discretion
309,695,606	67,288,653	13,073,104	290,618

Direct votes received were as follows:

For	Against	Abstain
3,358,127	2,866,281	1,072,640

The motion was carried on a show of hands as an ordinary resolution.

2) Re-election of Director - Mr Sean Llewelyn

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Against	Abstain	Proxy's discretion
397,070,831	2,515,103	11,777,288	2,206,978

Direct votes received were as follows:

For	Against	Abstain
5,161,952	1,116,579	1,050,822

The motion was carried on a show of hands as an ordinary resolution.

3) Amendments to the Constitution

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Against	Abstain	Proxy's discretion
413,491,687	638,954	1,720,519	2,200,811

Direct votes received were as follows:

For	Against	Abstain
5,079,827	997,253	1,209,523

The motion was carried on a show of hands as a special resolution.

4) Ratification of Share Issue

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Against	Abstain	Proxy's discretion
110,516,985	949,927	1,548,806	2,200,811

Direct votes received were as follows:

For	Against	Abstain
4,470,373	1,652,968	1,175,262

The motion was carried on a show of hands as an ordinary resolution.

ACN 061 681 098