Cameco Web Site
December 3, 2008
Disclaimer
The information on this web site is provided solely for the reader's
general knowledge. The information is not intended to be a comprehensive
review of all matters and developments concerning Cameco Corporation
and Cameco assumes no responsibility as to its completeness or accuracy.
Furthermore, the information in no way should be construed or interpreted
as - or as part of - an offering or solicitation of securities.
No securities commission or other regulatory authority in Canada
or any other country or jurisdiction has in any way passed upon
this information and no representation or warranty is made by Cameco
to that effect.
We have taken some steps to prevent the unauthorized alteration
of the information contained on the web site. We take no responsibility
for information on this site that has been altered without our expressed
consent.
Statements contained in this web site which are not historical
facts are forward-looking statements that involve risks, uncertainties
and other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements.
Such factors include among others: volatility and sensitivity to
market prices for uranium, electricity and gold, competition, the
impact of changes in foreign currency exchange rates, environmental
risks, political risk arising from operating in certain developing
countries, changes in government regulations and policies including
trade laws and policies, demand for nuclear power, replacement of
production, receipt of permits and approvals from government authorities
as well as other operating and development risks.
The links provided on this web site to other web sites are provided
solely for the convenience of the reader. Cameco assumes no responsibility
for the accuracy or completeness of information accessed through
these links.

|