PERTH, AUSTRALIA--(Marketwire - May 11, 2012) - Paladin Energy Ltd (News - Market indicators)(TSX:PDN) -

Paladin Energy Ltd ("Company") announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 07:00 Perth and 07:00 Hong Kong on 17 May 2012 and 19:00 Toronto and 24:00 London on 16 May 2012, 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: 7063612 (This must be quoted)

CONFERENCE ID: 7063612 (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.

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