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Mon 12 May 2008, 15:56 UUU - Uranium One to Host First Quarter 2008 Resul
UUU
 UUU                                                                             
UUU - Uranium One to Host First Quarter 2008 Results Conference Call            
Uranium One Inc                                                                 
(Formerly sxr Uranium One Inc.)                                                 
(Incorporated in Canada)                                                        
(Registration number: 15096422420)                                              
Share code on the JSE: UUU & ISIN: CA91701P1053                                 
Share code on the TSX: UUU & ISIN: CA91701P1053                                 
Trading Symbols: UUU - Toronto Stock Exchange, JSE Limited (Johannesburg Stock  
Exchange)                                                                       
NEWS RELEASE                                                                    
May 12, 2008                                                                    
Uranium One to Host First Quarter 2008 Results Conference Call                  
Toronto, Ontario and Johannesburg, South Africa - Uranium One Inc. ("Uranium    
One") announced today that it will release first quarter 2008 results after     
markets close in Toronto on Wednesday, May 14, 2008. The company has also       
scheduled a conference call and webcast for investors and analysts at 10:00 a.m.
(Eastern Time) on Thursday, May 15, 2008.                                       
Jean Nortier, Uranium One`s Interim Chief Executive Officer; David Hodgson,     
Acting Chief Operating Officer and Robin Merrifield, Executive Vice President   
and Chief Financial Officer, will discuss operating and financial results and   
the outlook for the company on the conference call.                             
Live Conference Call and Webcast Access Information:                            
North American callers please dial:                    1-800-588-4490           
Local and international callers please dial:           416-915-5762             
A live webcast of the call will be available through CNW Group`s website at:    
www.newswire.ca/webcast                                                         
A recording of the conference call will be available for replay for a one week  
period beginning at approximately 1:00 p.m. on May 15, 2008 and can be accessed 
as follows:                                                                     
North American callers please dial:                                             
1-877-289-8525; pass code 21271605                                              
Local and international callers please dial:                                    
416-640-1917; pass code 21271605                                                
About Uranium One                                                               
Uranium One Inc. is a Canadian-based uranium producing company with a primary   
listing on the Toronto Stock Exchange and a secondary listing on the JSE Limited
(the Johannesburg stock exchange). The Corporation owns 70% of the operating    
Akdala Uranium Mine in Kazakhstan and is also developing the South Inkai and    
Kharasan Uranium Projects in Kazakhstan. Uranium One owns the Dominion Uranium  
Project in South Africa, as well as the Honeymoon Uranium Project in South      
Australia. In the United States, Uranium One has extensive property holdings in 
Wyoming, Texas, Utah and New Mexico, including the Shootaring Canyon Mill and   
the Hobson ISR facility. Uranium One is also engaged in uranium exploration     
activities in the United States, the Athabasca Basin of Saskatchewan, South     
Africa and Australia.                                                           
For further information, please contact:                                        
Jean Nortier                                                                    
Interim Chief Executive Officer                                                 
Tel: + 27 82 418 2241                                                           
Chris Sattler                                                                   
Senior Vice President, Corporate Development and Investor Relations             
Tel: + 1 416 350 3657                                                           
For further information about Uranium One, please visit www.uranium1.com        
Uranium One Inc.                                                                
390 Bay Street, Suite 1610                                                      
Toronto, Ontario M5H 2Y2                                                        
Date: 12/05/2008 15:56:49 Produced by the JSE SENS Department.                  
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