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Thu 2 Dec 2010, 9:14 UUU - Uranium One Announces Dividend Exchange Rate
UUU
UUU                                                                             
UUU - Uranium One Announces Dividend Exchange Rate                              
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                                 
For distribution in South Africa only                                           
December 2, 2010                                                                
Uranium One Announces Dividend Exchange Rate                                    
Johannesburg, South Africa - Uranium One Inc. ("Uranium One") announced         
today that it has set the US dollar to South African rand exchange rate for     
the South African portion of the special dividend of US$1.06 per share which    
is payable on December 20, 2010, to shareholders of record (other than JSC      
Atomredmetzoloto and its affiliates) at the close of business on December       
10, 2010. South African shareholders will receive ZAR7.44 per share, being      
US$1.06 converted at the rate of US$1.00 = ZAR7.02.                             
About Uranium One                                                               
Uranium One is one of the world`s largest publicly traded uranium producers     
with a globally diversified portfolio of assets located in Kazakhstan, the      
United States, and Australia.                                                   
For further information, please contact:                                        
Jean Nortier                                                                    
Chief Executive Officer                                                         
Tel: +1 604 601 5642                                                            
Chris Sattler                                                                   
Executive Vice President, Corporate Development and Investor Relations          
Tel: + 1 416 350 3657                                                           
Cautionary Statement                                                            
No stock exchange, securities commission or other regulatory authority has      
approved or disapproved the information contained herein.                       
For further information about Uranium One, please visit www.uranium1.com.       
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 02/12/2010 09:14:02 Produced by the JSE SENS Department.                  
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