PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 15, 2012) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) today notes the purchase of 300,000 additional shares in the Company by the Chairman, Mr. Rick Crabb on market at a total cost of $244,650.00. This brings his holdings to approximately 5.2 million shares.

ACN 061 681 098

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Contact Information:

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