North American Palladium to Host First Quarter 2012 Results Conference Call and Webcast on May 11

TORONTO, ONTARIO--(Marketwire - April 11, 2012) - North American Palladium Ltd. ("NAP") (TSX:PDL)(NYSE Amex:PAL) will host a conference call and live webcast with its management team, including William J. Biggar, President and CEO, Jeffrey A. Swinoga, Vice President, Finance and CFO, and Greg Struble, Vice President and COO, on Friday, May 11, 2012 at 9:00 a.m. ET to discuss NAP's first quarter ended March 31, 2012 financial and operating results.

NAP will issue its 2012 first quarter results news release after market close on Thursday, May 10, 2012. The news release and quarterly report will be available on the Company's website at www.nap.com.

NAP also announced that it will hold its annual meeting of shareholders on Friday, May 11, 2012 in Toronto, with proceedings and a live webcast scheduled to begin at 11a.m. ET. The details for both events are as follows:

The conference call replay will be available for 90 days after the live event. An archived audio webcast of the call will also be posted to NAP's website. Alternative international toll-free and toll access dial-in numbers for global conference participants are available on NAP's website under the Conference Calls tab on the Investor Relations page.

About North American Palladium

NAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada since 1993. LDI is one of only two primary producers of palladium in the world, and is currently undergoing a major expansion to increase production and reduce cash costs per ounce. NAP also operates the Vezza gold mine located in the Abitibi region of Quebec. The Company's shares trade on the NYSE Amex under the symbol PAL and on the TSX under the symbol PDL.