North American Palladium Ltd. ("NAP" or the "Company") (TSX: PDL)(NYSE Amex: PAL) will host a conference call with its management team, including William J. Biggar, President and Chief Executive Officer, and Jeffrey A. Swinoga, Vice President, Finance and Chief Financial Officer, to discuss the Company's third quarter results on Friday, November 13, 2009. The details are as follows:

Date: Friday, November 13, 2009 Time: 2:00 p.m. (Eastern Time) Webcast: www.nap.com Dial in: 416-340-8018 or 866-223-7781 Replay: 416-695-5800 or 800-408-3053 Replay Passcode: 8407776

NAP plans to issue its third quarter results news release on Thursday, November 12, 2009 after market close, and post it on the Company's website. The conference call replay will be available until midnight (Eastern Time) on December 4, 2009. An archived audio webcast of the call also will be posted to NAP's website.

NAP hosts Analyst Site Visit

The Company further announces the successful conclusion of an analyst site visit that took place on October 26 and 27, 2009. The Company hosted nine sell-side analysts at its Sleeping Giant gold mine in northwestern Quebec and its Lac des Iles palladium mine in northwestern Ontario. A component of NAP's ongoing strategy to increase its profile in the capital markets, the site visits gave the analysts an opportunity to tour the Company's operations, meet the management team and hear presentations, both of which are available on NAP's website at www.nap.com.

North American Palladium: Re-engineering the Future

NAP is a precious metals company that owns the Lac des Iles mine, which produced platinum group metals for 15 years until October 2008 when it was placed on temporary care and maintenance due to low metal prices. Prior to the temporary shutdown, the mine had annual production of 270,000 ounces of palladium, 20,000 ounces of platinum and 20,000 ounces of gold. The company also owns and operates the Sleeping Giant gold mine located in the Abitibi region of Quebec, which produced over 1 million ounces of gold from 1988-2008 at an average grade of 11.44 g/t. North American Palladium has resumed gold production at the Sleeping Giant mine and expects to achieve commercial production in the fourth quarter of 2009 at an annual rate of 50,000 ounces.

Contacts: North American Palladium Ltd. Annemarie Brissenden Director, Investor Relations 416-360-7971 Ext. 226 abrissenden@nap.com www.nap.com

SOURCE: North American Palladium Ltd.

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