DBRS Releases Report on Cameco Corporation

DBRS has today released a report on Cameco Corporation (Cameco or the Company) that provides further detail on the confirmation of the Company’s ratings on February 1, 2012.

Cameco’s Senior Debt rating of A (low) and Commercial Paper rating of R-1 (low), both with Stable trends, reflect the Company’s strong business profile as one of the world’s largest uranium producers and its solid financial profile, as well as its higher-than-normal operational risk.

Today’s report and the February 1, 2012, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.