RABBIT LAKE (CAMECO)

Cameco announced the consolidated financial and operating results for the third quarter ended September 30, 2010. Highlights include a production increase of 17% year to date and a 13% decrease on the average unit cost of production. Net earnings this quarter were CAN$98 m (CAN$0.25 per share diluted) compared to CAN$172 m (CAN$0.44 per share diluted) in the third quarter of 2009.

Cameco announced the financial and operational results of the first quarter of 2010. Highlights include; net earnings of US$142 m (US$0.36 per share diluted), compared to US$82 m (US$0.22 per share diluted) in Q1 of 2009. At the end of 2009, Cameco sold all its shares of Centerra Gold Inc. In addition Cameco announced it produced a total of 6.1 m pounds of uranium in Q1 of 2010.

During the quarter reported to have produced 464,000 pounds of uranium.