Toronto, Ontario – North American Palladium Ltd. ("NAP" or "the Company") (TSX:PDL) (NYSE Amex:PAL) is pleased to announce that the Company has been added to the S&P/TSX Global Mining Index, effective at the open of markets on Monday, March 22, 2010. The S&P/TSX Global Mining Index is an investable index that provides investors with a broadly representative benchmark for global mining portfolios. Comprised of the world’s leading mining issuers with holdings and projects all over the globe, the index offers diverse geographic
exposure to mining companies and broad-based exposure to metals and minerals. “Being added to the S&P/TSX Global Mining Index is an important development for North American Palladium,” said William J. Biggar, NAP’s president and chief executive officer. “We look forward to the increased visibility that inclusion in this prestigious index brings for potential new investors.”