VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 08/02/12

GREAT PANTHER SILVER LIMITED (TSX:GPR)(NYSE Amex:GPL)(NYSE MKT:GPL) (the "Company") announces that it plans to release its 2012 second quarter financial results after market on Monday, August 13, 2012. A conference call to discuss the results is scheduled for Tuesday, August 14, 2012 at 7:00 AM Pacific Daylight Time, 10:00 AM Eastern Daylight Time. Hosting the call will be Mr. Robert Archer, Chief Executive Officer and Mr. Martin Carsky, President.

Shareholders, analysts, investors and media are invited to join the live conference call by dialing in just prior to the start time.

Dial in number (Toll Free): 1-877-407-9205

Dial in number (International): +1-201-689-8054

No passcode is required

A replay of the teleconference call will be available until August 28, 2012 by dialing the numbers below. In addition, the call will be archived on the Company's website.

Replay number (Toll Free): 1-877-660-6853

Replay number (International): +1-201-612-7415

Replay Passcodes (both are required for playback):

Account #: 286

Conference ID #: 389736

ABOUT GREAT PANTHER

Great Panther Silver Limited is a profitable, primary silver mining and exploration company listed on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE MKT trading under the symbol GPL. The Company's current activities are focused on the mining of precious metals from its two wholly-owned operating mines in Mexico, including the development stage San Ignacio Project. In addition, the Company is also pursuing acquisition opportunities throughout Latin America to add additional mines to its portfolio of properties. Great Panther's mission is to become a leading primary silver producer by acquiring, developing and profitably mining precious metals.

For further information, please visit the Company's website at www.greatpanther.com, e-mail info@greatpanther.com.

Contacts:
Great Panther Silver Limited
Rhonda Bennetto
Vice President, Corporate Communications
1-888-355-1766
info@greatpanther.com
www.greatpanther.com