PERTH, WESTERN AUSTRALIA–(Marketwire – April 19, 2012) – Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) advises that no decision has been made to undertake a convertible bond issue as speculated in the Australian Financial Review article published today.

Contact Information

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  In Australia: Paladin Energy Ltd
  John Borshoff
  Managing Director/CEO
  +61 8 9381 4366 or Mobile: +61 419 912 571
  +61 (8) 9381 4978 (FAX)
  john.borshoff@paladinenergy.com.au
  www.paladinenergy.com.au