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Wed 21 Jun 2006, 8:01 sxr Uranium One Inc - Uranium One Added to S&P/TSX
SXR
 SXR                                                                             
sxr Uranium One Inc - Uranium One Added to S&P/TSX Composite Index              
sxr Uranium One Inc                                                             
(Formerly Southern Cross Resources Inc.)                                        
(Incorporated in Canada)                                                        
(Registration number: 15096422420)                                              
Share code on the JSE: SXR & ISIN: CA87112P1062                                 
Share code on the TSX: SXR & ISIN: CA87112P1062                                 
("Corporation")                                                                 
26 Wellington Street East, Suite 820                                            
Toronto, Ontario M5E 1S2                                                        
Trading Symbol: SXR - The Toronto Stock Exchange                                
NEWS RELEASE                                                                    
June 20, 2006                      Toronto, Ontario                             
Uranium One Added to S&P/TSX Composite Index                                    
Toronto, Ontario and Johannesburg, South Africa -- sxr Uranium One Inc. advises 
that the company was added to the S&P/TSX Composite Index effective from the    
close of business on June 16, 2006.  The addition of Uranium One to the index   
was a result of Standard and Poor"s Quarterly S&P/TSX Index Review.  Standard   
and Poor"s is an independent, global benchmark provider of equity indices, as   
well as a provider of credit ratings, risk evaluation, investment research and  
data.                                                                           
Neal Froneman, CEO of Uranium One said: "The addition of Uranium One to the     
S&P/TSX Composite Index marks another milestone in the company"s development.   
Joining this index will enhance Uranium One"s international capital markets     
profile as the company continues to move towards its goal of becoming a major   
international uranium producer."                                                
sxr Uranium One Inc. is a Canadian uranium and gold resource company with a     
primary listing on the Toronto Stock Exchange and a secondary listing on the    
Johannesburg Stock Exchange. The Corporation owns the Dominion Uranium Project  
in South Africa and the Honeymoon Uranium Project in South Australia, as well as
a number of exploration projects.  The Corporation holds a 79% interest in      
Aflease Gold Limited, which owns the Modder East gold project in South Africa.  
Through a joint venture with Pitchstone Exploration Ltd., the Corporation is    
also engaged in uranium exploration activities in the Athabasca Basin of        
Saskatchewan.                                                                   
For further information please contact:                                         
Neal Froneman              John Fraser                      Chris Sattler       
Chief Executive officer    Corporate Communications         Vice President      
                                                            Investor Relations  
Tel + 27 11 482 3605       Tel + 27 11 482 3605             Tel +1 416 350 3657 
To receive the Corporation"s news releases by email, contact Carol Smith,       
Investor Relations at carol@uranium1.com or Chris Sattler, Vice President,      
Investor Relations, at chris@uranium1.com.  The TSX has neither approved nor    
disapproved of the information contained herein.                                
Date: 21/06/2006 08:01:07 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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