Analyst Reports

Paladin Energy Ltd. is followed by the analysts listed below. Please note that any opinions, estimates or forecasts regarding Paladin Energy Ltd.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Paladin Energy Ltd. or its management. Paladin Energy Ltd. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Australia

Firm	Analyst	Contact Details
BBY Limited	Gavin Van Der Wath	+61 2 9221 5380 gvw@bby.com.au www.bby.com.au
Citi	Clarke Wilkins	+61 2 8225 4858 clarke.wilkins@citi.com www.citigroup.com.au
CLSA	Leavitt Pope	(852) 26008215 leavitt.pope@clsa.com www.clsa.com
Deutsche Bank	Paul Young	+61 3 8258 2587 paul-d.young@db.com www.db.com
Fat Prophets Australia	Gavin Wendt	+61 2 9252 7171 gavin.wendt@fatprophets.com.au www.fatprophets.com.au
Foster Stockbroking	Michael Evans	+61 2 9993 8163 michael.evans@fostock.com.au www.fostock.com.au
Global Mining Research	Tony Robson	+61 2 9299 3162 tony.robson@global-mining.com www.globalmra.com
J.P.Morgan	David George	+61 3 9633 4002 david.b.george@jpmorgan.com www.jpmorgan.com
Macquarie Securities (Australia) Ltd	Len Eldridge	+61 8 9224 0838 len.eldridge@macquarie.com www.macquarie.com.au
Merrill Lynch	Glen Chipman	+61 2 9226 5636 glen.chipman@baml.com www.ml.com
Ord Minnett	Peter Arden	+61 8 8216 6300 parden@ords.com.au www.ords.com.au
Patersons	Josh Welch	+61 8 9263 1668 jwelch@psl.com.au www.psl.com.au
The Royal Bank of Scotland	Lyndon Fagan	+61 2 8259 5870 lyndon.fagan@rbs.com www.rbs.com
RCR	John Wilson	+61 2 9252 9405 johnwilson@rcresearch.com.au www.rcresearch.com.au
Southern Cross Equities	Peter Chapman	+61 2 8224 2847 pchapman@sceq.com.au www.sceq.com.au
UBS	Glyn Lawcock	+61 2 9324 3675 glyn.lawcock@ubs.com www.ubs.com

North America

Firm	Analyst	Contact Details
BMO Capital Markets	Edward Sterck	+ (1) 416 359 7732 edward.sterck@bmo.com www.bmocm.com
Canaccord Capital Corporation	Orest Wowkodaw	+ (1) 416 869 3092 orest.wowkodaw@canaccordadams.com www.canaccord.com
CIBC World Markets Base Metal Research	Ian Parkinson	+ (1) 416 594 7284 ian.parkinson@cibc.ca www.cibc.com
Cormark Securities Inc. (formerly Sprott Securities Inc.)	Mike Kozak	+ (1) 416 943 6729 mkozak@cormark.com www.cormark.com
Credit Suisse Securities (Canada), Inc.	Ralph M. Profiti	+ (1) 416 352 4563 ralph.profiti@credit-suisse.com www.credit-suisse.com
Dundee Securities Corporation	David Talbot	+ (1) 416 350 3082 dtalbot@dundeesecurities.com www.dundeewealth.com
FBR Capital Markets	Fadi Shadid	+ (1) 703 469 1068 fshadid@fbr.com www.fbr.com
GMP Securities	David Wargo	+ (1) 703 469 1068 dwargo@gmpsecurities.com www.gmponline.com
Haywood Securities Inc.	Geordie Mark or Colin Healey	+ (1) 604 697 6112 + (1) 604 697 6089 gmark@haywood.com chealey@haywood.com www.haywood.com
National Bank Financial	Brian Christie	+ (1) 416 869 7118 brian.christie@nbfinancial.com info.nbf.ca
Raymond James Ltd.	Bart Jaworski	+ (1) 604 659 8282 bart.jaworski@raymondjames.ca www.raymondjames.ca
RBC Capital Markets	Adam Schatzker	+ (1) 416 842 7850 adam.schatzker@rbccm.com www.rbccm.com
Salman Partners Inc.	Patrick Donnelly	+ (1) 416 360 4384 pdonnelly@salmanpartners.com www.salmanpartners.com
Thomas Weisel Partners (formerly Westwind Partners Inc.)	Simon Tonkin	+ (1) 416 815 3115 stonkin@tweisel.com www.tweisel.ca

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