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Cameco Announces Election of Directors Cameco (TSX: CCO; NYSE: CCJ) has announced the election of 10 board members at its

Shareholder Meetings

TSX: CCO website: cameco.com NYSE: CCJ currency: Cdn (unless noted)

2121 – 11th Street West, Saskatoon, Saskatchewan, S7M 1J3 Canada Tel: (306) 956-6200 Fax: (306) 956-6201

Cameco Announces Election of Directors

Saskatoon, Saskatchewan, Canada, May 11, 2016 . . . . . . . . . . . . .

Cameco (TSX: CCO; NYSE: CCJ) has announced the election of 10 board members at its annual meeting held on May 11, 2016.

Shareholders elected board members Ian Bruce, Daniel Camus, John Clappison, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Don Kayne, Anne McLellan and Neil McMillan. (Voting results are available below)

Voting Results for Cameco Directors

NomineeVotes For% Votes ForWithheld% Votes Withheld
Ian Bruce138,042,85490.29%14,847,5969.71%
Daniel Camus137,771,36090.11%15,119,0909.89%
John Clappison150,423,91398.39%2,466,5371.61%
Donald Deranger150,576,85298.49%2,313,5981.51%
Catherine Gignac151,580,03699.14%1,310,4140.86%
Tim Gitzel151,323,84598.98%1,566,6061.02%
Jim Gowans146,191,56595.62%6,697,9614.38%
Don Kayne151,337,44198.98%1,553,0091.02%
Anne McLellan137,658,50790.04%15,231,9449.96%
Neil McMillan150,524,58798.49%2,313,0091.51%

Profile

Cameco is one of the world’s largest uranium producers, a significant supplier of conversion services and one of two Candu fuel manufacturers in Canada. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Our uranium products are used to generate clean electricity in nuclear power plants around the world. We also explore for uranium in the Americas, Australia and Asia. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

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Investor inquiries: Rachelle Girard (306) 956-6403

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