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Paladin Energy Limited: Sale of Deep Yellow Shareholding

PERTH, WESTERN AUSTRALIA--(Marketwired - December 14, 2016) - Paladin Energy Ltd (Paladin or the Company) (PDN.AX) (PDN.AX) wishes to advise it has sold its entire shareholding in Deep Yellow Limited. The sale price of A$0.01 per share will translate to a receipt of approximately A$2.6M.

Yours faithfully,

Paladin Energy Ltd

ALEXANDER MOLYNEUX, CEO