North American Palladium First Quarter 2008 Financial Results Conference Call

North American Palladium Ltd. (TSX: PDL)(TSX: PDL.WT)(AMEX: PAL)(AMEX: PAL.WS) will release its first quarter 2008 financial results on Monday May 12, 2008 after market close. A conference call to discuss the results will be held on Wednesday May 14, 2008 at 8:30 a.m. ET, presided by Mr. Jim Excell, President and Chief Executive Officer. A question and answer period will immediately follow.

To participate in the conference call, please dial one of the following numbers at least five minutes prior to the scheduled time:


Conference Call: Wednesday May 14, 8:30 a.m. ET
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 Local Toronto /Overseas:     416-695-6622
 Toll free North America:     1-888-789-0150

 To access a replay of the conference call until May 28, 2008:
 Local Toronto/Overseas:      416-695-5800
 Toll-free:                   1-800-408-3053
                              Access code 3260053

North America Palladium will also host a live audio webcast. The webcast will be available via www.napalladium.com or www.investorcalendar.com/IC/CEPage.asp?ID=129032 .

Thereafter access will be available from the Company's website at www.napalladium.com , Investor Centre page, under Conference Calls.

About North American Palladium

North American Palladium is one of North America's largest producers of palladium. The Company's core palladium business at the Lac des Iles mine is strengthened by a significant contribution from platinum, nickel, gold and copper by-product metals. The Company is actively progressing its three advanced exploration projects: the Offset High Grade Zone at its Lac des Iles Mine, the Shebandowan West Project, located approximately 100 kilometres from the mine, and the Arctic Platinum Project in Finland. Please visit www.napalladium.com for more information.

Contacts: North American Palladium Ltd. Linda Armstrong Director, Investor Relations (416) 360-7971 Ext. 226 Email: larmstrong@napalladium.com Website: www.napalladium.com