2012-11-16 14:43:48 -

PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 11/16/12 -- Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) today notes that Mr. Donald Shumka, Director, has purchased 100,000 additional shares of the Company on market at a total cost of $80,497. This brings his holdings to 200,000 shares.




Contacts:

Paladin Energy Ltd

John Borshoff

Managing Director/CEO

+61-8-9381-4366 or Mobile: +61-419-912-571
john.borshoff@paladinenergy.com.au :


Paladin Energy Ltd

Greg Taylor

Investor Relations Contact

+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)
greg.taylor@paladinenergy.com.au :