Paladin Energy Ltd. a Long Term Supplier of Yellowcake to

Paladin Energy Ltd. a Long Term Supplier of Yellowcake to Electricite
de France S.A 
PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 10/26/12 -- Paladin
Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) notes that,
on 15 August 2012, the Company had announced that it had entered into
a Long Term Off-take Contract for the period 2019 to 2024.  
Paladin is pleased to confirm that the counterparty to this contract
is Electricite de France S.A (EdF). EdF is the main electricity
generating and distribution company in France and manages 58 nuclear
power plants in that country making it the largest single nuclear
utility in the world.  
The Board of Paladin is very pleased to have established a first
long-term relationship and working partnership with this major
international utility. 
Building on this, Paladin will continue its strategic discussions
with parties to optimise the value of the unique position the Company
has established for itself in the global uranium supply sector. 
ACN 061 681 098
In Australia:
Paladin Energy Ltd
John Borshoff, Managing Director/CEO
+61 8 9381 4366 or Mobile: +61 419 912 571 
In Canada:
Paladin Energy Ltd
Greg Taylor, Investor Relations Contact
905 337-7673 or Mobile: 416 605-5120 (Toronto)
Press spacebar to pause and continue. Press esc to stop.