Paladin Energy Completes Repayment of US$325M Convertible Bond

Paladin Energy Completes Repayment of US$325M Convertible Bond 
PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 03/13/13 -- Paladin
Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) is pleased
to advise it has repaid in full the outstanding balance of the
US$325M Convertible Bonds (ISIN: XS0349087451) issued March 11, 2008,
which were listed on the Singapore Exchange Securities Trading
Limited. US$191M of this was previously repaid via a Tender Buyback,
which settled May 29, 2012. 
The outstanding balance of US$134M was repaid on March 11, 2013 (the
Maturity Date). 
ACN 061 681 098
Contacts:
Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61-8-9381-4366 or Mobile: +61-419-912-571
john.borshoff@paladinenergy.com.au 
Paladin Energy Ltd
Greg Taylor
Investor Relations Contact
+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)
greg.taylor@paladinenergy.com.au
www.paladinenergy.com.au