Cameco Provides Date for Q4 Results and Conference Call

SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 24, 2011) -

ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

Cameco (TSX:CCO) (NYSE:CCJ) will issue its news release summarizing the fourth quarter and annual results, audited financial statements and accompanying notes after markets close, Friday, February 11, 2011. Our 2010 annual management discussion and analysis will be posted on our website by Monday, February 14, 2011 before markets open.

Cameco invites investors and the media to join its fourth quarter conference call with the company's senior executives on Monday, February 14, 2011 at 11:00 a.m. Eastern time.

Cameco will discuss the financial results, the outlook for 2011 and company developments before opening the call to questions from investors and the media.

To join the call, please dial (800) 769-8320 or (416) 695-6616 (Canada and US). An operator will put your call through. A live audio feed of the conference call will be available from a link on our website at cameco.com on the day of the call.

A recorded version of the proceedings will be available on our website, shortly after the call, and on post view until midnight, Eastern time, Monday, March 14, 2011 by calling (800) 408-3053 or (905) 694-9451 (passcode 4257148 #).

Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. The company's uranium products are used to generate electricity in nuclear energy plants around the world, providing one of the cleanest sources of energy available today. Cameco's shares trade on the Toronto and New York stock exchanges.

As used in this news release, "Cameco" or the "company" means Cameco Corporation, a Canadian corporation and its subsidiaries and affiliates unless stated otherwise.