SASKATOON, SASKATCHEWAN--(Marketwire - March 14, 2011) -

ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

Cameco (TSX:CCO) (NYSE:CCJ) invites investors and the media to join a conference call with the company's senior executives on Monday, March 14, 2011 at 3:00 p.m. Eastern time.

Cameco will address questions related to the potential impact of the Japan nuclear situation on Cameco's business though participants should be aware that the situation is developing and limited information is available.

To join the call, please dial (800) 355-4959 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, Thursday, April 14, 2011 by calling (800) 408-3053 or (905) 694-9451 (passcode 7026140 #).

Profile

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.