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This is having faith in your company!

posted on Feb 16, 10 05:16PM

John Borshoff has 21.8 million shares in this company and Rick Crabb has 4.88 million. Thats hell of alot of money tide up in this company. Love this type of committment...

News from Marketwire

Paladin Energy Ltd-Directors Increase Share Holdings

08:17 EST Tuesday, February 16, 2010

PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 16, 2010) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) notes that two of the Company's directors have increased their holdings of Paladin's Common Shares following recent market transactions.

John Borshoff, Managing Director and CEO of Paladin, has completed an on-market purchase of an additional 286,000 shares for A$1,003,442.47, bringing his direct and indirect holdings of fully paid shares to 21,877,394.

Rick Wayne Crabb, Chairman of the Board, has completed an on market purchase of an additional 100,000 shares for A$348,526.80, bringing his direct and indirect holdings of fully paid shares to 4,881,528.

Further details are available on the Company's website () and through the ASX.http://www.paladinenergy.com.au

ACN 061 681 098

FOR FURTHER INFORMATION PLEASE CONTACT:

Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61-8-9381-4366 or Mobile: +61-419-912-571

john.borshoff@paladinenergy.com.au

or
Paladin Energy Ltd
Greg Taylor
Investor Relations Contact
+905 337-7673 or Mobile: +416-605-5120 (Toronto)

greg.taylor@paladinenergy.com.au
www.paladinenergy.com.au

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