Cameco Again Recognized As Top Diversity Employer

SASKATOON, SASKATCHEWAN--(Marketwire - Feb. 21, 2011) -

ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

Cameco (TSX:CCO) (NYSE:CCJ) has again been selected by the Globe and Mail as one of Canada's Best Diversity Employers.

"This award acknowledges our role as Canada's leading industrial employer of First Nations and Métis people," said Kaylynn Schroeder, Cameco's vice-president of human resources. "It also compliments Cameco's recent recognition as one of the '10 Best Companies To Work For' in Canada."

More information about Canada's Best Diversity Employers for 2011 is available at http://www.eluta.ca/diversity-at-cameco.

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.