Paladin Energy Ltd: Kayelekera Fatality

PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 10/08/09 -- Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) regretfully advises that a fatality has occurred as a result of a motor vehicle incident at the Kayelekera Uranium Mine in Malawi on Wednesday, 7th October. A contracted mini-bus conveying 19 national workers overturned on a site access road and rolled down an embankment. One employee died and 19 people (including the driver) were injured. Those injured were immediately attended by the site doctor and transported to hospitals in Karonga and Mzuzu. Four were treated and allowed to leave and 15 people were admitted to hospital. Three are reported to be in serious but stable condition and others are in stable condition. Police and relevant Government officials have been informed and investigations are continuing. Assistance is being provided to the bereaved family.

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