PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 8, 2012) -

Paladin Update

PLEASE CHECK THE WORLD CLOCK TO CONFIRM THE DATE AND START TIME FOR YOUR LOCAL TIME ZONE. 

Toronto: 15 February 2012, 17:00 hrs / London: 15 February 2012, 22:00 hrs / Hong Kong: 16 February 2012, 06:00 hrs

LIVE - Conference Call and Online Slide Show

Paladin Energy Ltd. (TSX:PDN)(News - Market indicators) ("Paladin" or the "Company") announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 06:00 Perth and 06:00 Hong Kong on 16 February 2012 and 17:00 Toronto and 22:00 London on 15 February 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: 8772863 (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.

ACN 061 681 098