Cameco Announces Election of Directors

SASKATOON, SASKATCHEWAN--(Marketwired - May 30, 2014) -

ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

Cameco (TSX:CCO) (NYSE:CCJ) has announced the election of 13 board members at its annual meeting held on May 28, 2014.

Shareholders elected board members Ian Bruce, Daniel Camus, John Clappison, Joe Colvin, James Curtiss, Donald Deranger, Catherine Gignac, Tim Gitzel, James Gowans, Nancy Hopkins, Anne McLellan, Neil McMillan and Victor Zaleschuk. (Voting results are available below)

Voting Results for Cameco Directors

Nominee Votes For % Votes For Withheld % Votes Withheld
Ian Bruce 221,436,518 99.01% 2,217,387 0.99%
Daniel Camus 207,576,221 92.81% 16,077,684 7.19%
John Clappison 221,763,159 99.15% 1,890,746 0.85%
Joe Colvin 209,156,557 93.52% 14,497,348 6.48%
James Curtiss 209,327,291 93.59% 14,326,614 6.41%
Donald Deranger 219,786,449 98.27% 3,867,456 1.73%
Catherine Gignac 221,544,049 99.06% 2,109,856 0.94%
Tim Gitzel 221,391,117 98.99% 2,262,788 1.01%
James Gowans 221,746,323 99.15% 1,907,582 0.85%
Nancy Hopkins 220,601,989 98.64% 3,051,916 1.36%
Anne McLellan 210,377,002 94.06% 13,276,903 5.94%
Neil McMillan 220,837,352 98.74% 2,816,553 1.26%
Victor Zaleschuk 209,743,193 93.78% 13,910,712 6.22%

Profile

Cameco is one of the world's largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations. Our uranium products are used to generate clean electricity in nuclear power plants around the world. We also explore for uranium in the Americas, Australia and Asia. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Investor inquiries:Rachelle Girard(306) 956-6403Media inquiries:Rob Gereghty(306) 956-6190

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