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Press release from Marketwire

CLARIFICATION: Paladin Energy Ltd-Statement on Japan Nuclear Situation and Conference Call Notice

Wednesday, March 16, 2011

CLARIFICATION: Paladin Energy Ltd-Statement on Japan Nuclear Situation and Conference Call Notice10:33 EDT Wednesday, March 16, 2011PERTH, WESTERN AUSTRALIA--(Marketwire - March 16, 2011) -Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") wished to clarify that the above mentioned conference call will take place at 7:00 p.m. Toronto time. Paladin will hold a conference call regarding the Japanese nuclear situation on Thursday 17 March details below.Paladin Energy LtdInvestor Conference Call and Update – March 16/17 2011Date: 17 March 2011 Time: 07:00 PerthPLEASE CHECK THE WORLD CLOCK TO CONFIRM THE DATE AND START TIME FOR YOUR LOCAL TIME ZONE. Toronto: 16 March 2011, 19:00 hrs / London: 16 March 2011, 23:00 hrs / Hong Kong: 17 March 2011, 07:00 hrs LIVE - Conference Call (TSX:PDN)(ASX:PDN) Paladin Energy Ltd ("Company") announces that the Company will hold a telephone conference at 07:00 Perth and 0:700 Hong Kong on 17 March 2011 and 19:00 Toronto and 23:00 London on 16 March 2011, to give an update on the Company.Questions will be taken at the briefing's conclusion - Dial in numbers for the conference call are as follows:Canada 1866 837 4489CONFERENCE ID: 52772382 (This must be quoted)You are encouraged to dial in approximately 5-10 minutes prior to the commencement of the briefing. ARCHIVE - Audio Webcast The briefing will be available approximately 2-4 hours after the live event on our website – www.paladinenergy.com.au.ACN 061 681 098FOR FURTHER INFORMATION PLEASE CONTACT: Paladin Energy LtdIn Australia:John BorshoffManaging Director/CEO+61 8 9381 4366 or Mobile: +61 419 912 571john.borshoff@paladinenergy.com.auORPaladin Energy LtdIn Canada:Greg TaylorInvestor Relations Contact+905 337-7673 or Mobile: 416 605-5120 (Toronto)greg.taylor@paladinenergy.com.au