ST. MARTIN, GUERNSEY--(Marketwire - February 3, 2010) - Uranium Limited today announces its interim results for the period from 1 July 2009 to 31 December 2009.


Highlights for the period ended 31 December 2009:

    --  Income                                   US$1,300,054
    --  Loss for the period                     (US$20,926,159)
    --  Shareholders' equity                     US$127,555,787
    --  Total assets at market value             US$128,126,847
    --  Adjusted NAV per share                   £1.91 (US$3.09)
    --  Decrease in £ NAV since 1 July 2009     (£0.26) (-12.0%)
    --  Decrease in US$ NAV since 1 July 2009   (US$0.51) (-14.2%)

Commenting on the results, Kelvin Williams, Chairman of Uranium Limited said:

"We are pleased to put before shareholders a transaction which the Board believes will enable shareholders to access the NAV of their company, and, going forward, to enjoy improved trading liquidity for their shares in a company with comparable investment objectives and strategy in the uranium market to those of Uranium Limited."

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Contact Information: For further information, please contact: Uranium Limited Kelvin Williams (Chairman) +27 82 788 0094