Cameco Announces Election of Directors

SASKATOON, SASKATCHEWAN -- (Marketwired) -- 05/11/16 -- ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)

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

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Nominee             Votes For  % Votes For  Withheld  % Votes Withheld
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Ian Bruce          138,042,854   90.29%    14,847,596       9.71%
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Daniel Camus       137,771,360   90.11%    15,119,090       9.89%
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John Clappison     150,423,913   98.39%     2,466,537       1.61%
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Donald Deranger    150,576,852   98.49%     2,313,598       1.51%
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Catherine Gignac   151,580,036   99.14%     1,310,414       0.86%
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Tim Gitzel         151,323,845   98.98%     1,566,606       1.02%
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Jim Gowans         146,191,565   95.62%     6,697,961       4.38%
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Don Kayne          151,337,441   98.98%     1,553,009       1.02%
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Anne McLellan      137,658,507   90.04%    15,231,944       9.96%
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Neil McMillan      150,524,587   98.49%     2,313,009       1.51%
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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.

Contacts:
Investor inquiries:
Rachelle Girard
(306) 956-6403

Media inquiries:
Rob Gereghty
(306) 956-6190

Source: Cameco

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