Cameco Investor Webcast Advisory

SASKATOON, SASKATCHEWAN--(Marketwire - May 10, 2012) -

Cameco (TSX:CCO) (NYSE:CCJ) announced today that Ken Seitz, senior vice-president marketing and business development, will be speaking at the Bank of America/Merrill Lynch Global Metals, Mining and Steel Conference.

The presentation is scheduled for Thursday, May 17, 2012 at 12:00 p.m. Eastern and will be available by webcast on cameco.com. See the link on the home page on the day of the event. A copy of the presentation and audio file will be available on our website shortly after the conference.

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.

Cameco
Investor inquiries:
Bob Lillie
(306) 956-6639

Media inquiries:
Rob Gereghty
(306) 956-6190