Uranium One, Inc. (Uranium One) (UUU)

Posted on Wednesday, July 1, 2009 at 7:44pm.

1285 West Pender Street Suite 900 Vancouver, BC V6E 4B1 Canada

Postnet Suite 271, Private Bag X30500 Houghton- 2041

Phone No.  27 11 482 3605

Fax No.  27 11 482 3604

Chairman  Ian W. Telfer

CEO or MD   D. Jean Nortier

Name of External Affairs or Press Contact   John M. Sibley

Uranium One, Inc. (Uranium One) is a Canada-based company engaged in the mining and production of uranium, and in the acquisition, exploration and development of properties for the production of uranium, in Kazakhstan, South Africa, United States, Australia and Canada. Uranium One owns, through the Betpak Dala Joint Venture, a 70% interest in both the producing Akdala Mine and the South Inkai Project. The Kharasan Project in Kazakhstan, in which it owns a 30% interest, is being developed by the Kyzylkum Joint Venture. In the United States, the Company owns projects in the Powder River and Great Divide Basins in Wyoming. The Company owns a 51% interest in the Honeymoon Project in Australia. On October 22, 2008, the Company suspended development of its Dominion Project in South Africa.

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