Paladin Energy Limited: Third Quarter Conference Call and Investor Update May 21, 2008

Thu May 15, 9:27 AM

PERTH, WESTERN AUSTRALIA--(Marketwire - May 15, 2008) - Paladin Energy Limited ("Paladin" or the "Company") (TSX: PDN.TO)(ASX: PDN.AX) - 

Paladin Update

Date:     21 May 2008

Time:     10:00 Toronto / 22:00 Perth / 15:00 London / 22:00 Hong Kong

LIVE - Conference Call and Online Slide Show

Paladin Energy Limited ("Paladin" or the "Company") (TSX: PDN.TO)(ASX: PDN.AX) announces that the Company will hold a telephone conference in conjunction with a Online Slide Show at 10:00 Toronto / 22:00 Perth / 15:00 London / 22:00 Hong Kong on May 21, 2008 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: 

     Australia                      1800 148 258
     Belgium                        0800 715 72
     Canada                         1866 837 4489
     China North                    1080 0611 0127
     China South                    1080 0361 0079
     France                         0800 908 221
     Germany                        0800 181 4827
     Hong Kong                      800 965 808
     Indonesia                      0018 0306 12145
     Ireland                        1800 720 011
     Italy                          800 788 772
     Japan                          0044 2206 2118
     Malaysia                       1800 180 708
     Netherlands                    0800 0229 451
     New Zealand                    0800 667 018
     Norway                         800 10112
     Philippines                    1800 1612 0005
     Singapore                      800 616 2170
     South Korea                    0079 8612 1097
     Sweden                         0207 99376
     Switzerland                    0800 561 529
     Taiwan                         0080 1232 398
     Thailand                       0018 0061 21124
     United Kingdom                 0800 056 9662
     United States of America       1866 586 2813
     International                  +61 2 8524 6650

  CONFERENCE ID: 47938392 (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

Contacts

John Borshoff
Paladin Energy Limited
Managing Director
+61-8-9381-436 or Mobile: +61-419-912-571

Greg Taylor
Paladin Energy Limited
Investor Relations Contact
(905) 337-7673 or Cell: (416) 605-5120 (Toronto area)
Email: greg.taylor@paladinenergy.com.au
Website: www.paladinenergy.com.au