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Press release from Marketwire

Paladin Energy: Purchase of Shares

Thursday, November 15, 2012

Paladin Energy: Purchase of Shares06:44 EST Thursday, November 15, 2012PERTH, 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 098FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Paladin Energy LtdJohn BorshoffManaging Director/CEO+61-8-9381-4366 or Mobile: +61-419-912-571john.borshoff@paladinenergy.com.auPaladin Energy LtdGreg TaylorInvestor Relations Contact+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)greg.taylor@paladinenergy.com.au