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Paladin Energy Ltd: Paladin Energy Ltd: Kayelekera Contractor Fatality

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PERTH, WESTERN AUSTRALIA--(Marketwire - Aug. 25, 2009) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) regretfully advises that a fatality has occurred as a result of a motor vehicle incident at the Kayelekera Uranium Mine in Malawi on Monday, August 24. A construction contractor's work vehicle overturned on a site access road. The driver, a Malawi national who was the sole occupant, died at the scene. Police and relevant government officials have been informed and investigations are continuing. The contractor is providing assistance to the bereaved family.

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