Paladin Energy Ltd: Third Quarter Conference Call and Investor Update-19 May 2009

LIVE - Conference Call and Online Slide Show

PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 05/14/09 -- Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 22:00 Perth / 10:00 Toronto / 15:00 London / 22:00 Hong Kong on May 19, 2009 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:

      Australia                              1800 148 258
      Belgium                                0800 715 72
      Canada                                 1866 837 4489
      China North                            1080 0611 0127
      China South                            1080 0361 0079
      France                                 0800 908 221
      Germany                                0800 181 4827
      Hong Kong                              800 965 808
      India                                  0008 00100 7048
      Indonesia                              0018 0306 12145
      Ireland                                1800 720 011
      Italy                                  800 788 772
      Japan                                  0044 2206 2118
      Johannesburg                           +61 2 8524 6650
      Malawi                                 +61 2 8524 6650
      Malaysia                               1800 180 708
      Namibia                                +61 2 8524 6650
      Netherlands                            0800 0229 451
      New Zealand                            0800 667 018
      Norway                                 800 10112
      Philippines                            1800 1612 0005
      Singapore                              800 616 2170
      South Korea                            0079 8612 1097
      Sweden                                 0207 99376
      Switzerland                            0800 561 529
      Taiwan                                 0080 1232 398
      Thailand                               0018 0061 21124
      United Kingdom                         0800 056 9662
      United States of America               1866 586 2813
      International                          +61 2 8524 6650

      CONFERENCE ID: 99427325 (This must be 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.