North American Palladium to Host Third Quarter 2011 Results Conference Call and Webcast on November 3

TORONTO, ONTARIO -- (Marketwire) -- 10/21/11 -- 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 Thursday, November 3, 2011 at 2:00 p.m. ET to discuss NAP's third quarter ended September 30, 2011 financial and operating results.

NAP will issue its 2011 third quarter results news release after market close on Wednesday, November 2, 2011. The news release and quarterly report will be available on the Company's website at www.nap.com.

Conference Call and Webcast

Date:       Thursday, November 3, 2011
Time:       2:00 p.m. ET
Webcast:    www.nap.com
Live Call:  1-866-551-3680 or 416-849-8296 (PIN: 91956256, followed by #
            sign)
Replay:     1-866-551-4520 or 212-401-6750 (PIN: 277051, followed by # sign)

The conference call replay will be available until midnight on February 2, 2012. 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 a Canadian precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions. The Company's flagship mine, Lac des Iles, is one of the world's two primary palladium producers. NAP also owns and operates the Sleeping Giant gold mine located in the prolific Abitibi region of Quebec. The Company has extensive landholdings adjacent to both its Lac des Iles and Sleeping Giant mines, and a number of exploration projects. NAP trades on the NYSE Amex under the symbol PAL and on the TSX under the symbol PDL.

Contacts:

North American Palladium Ltd.

Camilla Bartosiewicz

Manager, Investor Relations and Corporate Communications

416-360-7590 Ext. 7226
camilla@nap.com
www.nap.com