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Paladin Energy Ltd: Paladin Energy Ltd: Acting CFO

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PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 4, 2009) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) announces that the Company's Acting CFO, Mr Mark Bolton, who has been employed under contract, will leave the Company shortly to take up a permanent appointment. He will remain with Paladin until completion of the September 2009 Quarterly Financial Statements and his replacement will be announced in due course.

Paladin thanks Mr Bolton for his able assistance and contribution during his time at Paladin and wishes him well in his future endeavours.

A.C.N. 061 681 098



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