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Mon 6 Aug 2007, 15:00 SXR - SXR Uranium One Inc - Change of name of SXR
SXR   GBG
 SXR                                                                             
    SXR - SXR Uranium One Inc - Change of name of SXR Uranium One Inc           
                                                                                
    SXR Uranium One Inc                                                         
(Incorporated in Canada)                                                    
    (Registration number: 15096422420)                                          
    Share code on the JSE: SXR & ISIN: CA87112P1062                             
    Share code on the TSX: SXR & ISIN: CA87112P1062                             
("Uranium One" or "the Company")                                            
                                                                                
    Change of name of SXR Uranium One Inc                                       
                                                                                
1    Introduction                                                           
         Shareholders are referred to the annual and special meeting of Uranium 
         One held in Toronto, Canada on 7 June 2007, at which meeting           
         shareholders approved the Company`s change of name to Uranium One Inc  
in order to more appropriately reflect the profile of the Company.     
    2    Salient dates                                                          
         The salient dates for the implementation of the change of name of the  
         Company to Uranium One Inc are set out below.                          

                                                                                
                                                                                
                                              2007                              
Last day to trade under old name "sxr   Friday, 17 August                 
      Uranium One Inc"                                                          
      Change of name effective from close of  Monday, 20 August                 
      business on                                                               
Trade under the new name "Uranium One                                     
      Inc" with the JSE share code "UUU",     Monday, 20 August                 
      abbreviated name "UrOne" and new ISIN                                     
      code CA3901241057 from commencement of                                    
trading on                                                                
      Record date for the change of name      Friday, 24 August                 
      New share certificates reflecting the                                     
      change of name posted by registered     Monday, 27 August                 
post to Uranium One certificated                                          
      shareholders who have surrendered                                         
      their documents of title on or before                                     
      12h00 on the record date (see note 3)                                     
Dematerialised Uranium One                                                
      shareholders` safe custody accounts     Monday, 27 August                 
      updated with the new name by their                                        
      CSDP or broker                                                            
Notes:                                                                      
                                                                                
    1    These dates and times are subject to amendment. Any such amendments to 
         the dates and times will be announced on the Securities Exchange News  
Service and published in the South African Press.                      
    2    Share certificates in the name of Uranium One may not be               
         dematerialised or rematerialised after Friday, 17 August 2007.         
    3    Certificated Uranium One shareholders who surrender their existing     
documents of title after the record date, will have their new share    
         certificates mailed within five business days of receipt thereof by    
         the transfer secretaries, Computershare Investor Services 2004         
         (Proprietary) Limited, by registered post in South Africa, at the risk 
of the shareholder concerned.                                          
                                                                                
    3    Circular to shareholders                                               
         Uranium One shareholders are hereby notified that a circular regarding 
the change of name, including a form of surrender, will be dispatched  
         to shareholders on or about 8 August 2007.                             
    Johannesburg                                                                
    6 August 2007                                                               
Investment bank and sponsor                                                 
    Nedbank Capital                                                             
Date: 06/08/2007 15:00:01 Produced by the JSE SENS Department.
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