Paladin Energy Ltd Announces Completion of Placement

August 13 12:47 2013

PERTH, WESTERN AUSTRALIA — (Marketwired) — 08/13/13 — Paladin Energy Ltd (TSX: PDN) (ASX: PDN) („Paladin“) advises it has today issued 125,578,171 fully paid ordinary shares to institutional and accredited investors, completing the placement announced August 2, 2013.

ACN 061 681 098

Contacts:
Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61-8-9381-4366 or Mobile: +61-419-912-571

Paladin Energy Ltd
Greg Taylor
Investor Relations
+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)

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