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Press release from Marketwire

Cameco Announces Filing of a Technical Report for the McArthur River Operation

Friday, November 02, 2012

Cameco Announces Filing of a Technical Report for the McArthur River Operation19:00 EDT Friday, November 02, 2012SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 2, 2012) -Cameco (TSX:CCO) (NYSE:CCJ) announced today that it filed a technical report under Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects for its McArthur River operation in Northern Saskatchewan titled "McArthur River Operation, Northern Saskatchewan, Canada" dated November 2, 2012, with an effective date of August 31, 2012.The technical report is posted on our website at Shareholders may obtain hard copies of the technical report free of charge by contacting:Cameco Investor Relations2121 11th Street WestSaskatoon, SK S7M 1J3Phone: (303) 956-6340ProfileCameco, 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.FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: CamecoInvestor inquiries:Rachelle Girard(306) 956-6403Media inquiries:Rob Gereghty(306) 956-6190