TSX: CCO CDN $28.69   0.00
NYSE: CCJ US $27.93   0.00
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INVESTORS

Strengths

In the past five years, Cameco has generated over $2.4 billion in cash flow and has remained below our net debt-to-capitalization target ratio of 25%.

Outstanding operating performance and conservative financial stewardship have given us an excellent credit rating that allows us the flexibility to pursue opportunities for growth.

FIVE-YEAR CASH FLOW

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Last Reviewed: February 19, 2009