Uranium One, Inc. : Uranium One Announces Final Terms for Refinancing of Bonds in Russia

August 22, 2013

Toronto, Canada and Moscow, Russia - Uranium One today announced that it has negotiated definitive commercial terms and closed the order book for its offering (the "Offering") of approximately USD 378.8 million (RUB12,500,000,000) aggregate principal amount of Series 2 Ruble Bonds, originally announced in the Company's press release dated August 13, 2013. The Company further announced that the order book for its public offering to repurchase the Company's existing USD 433.3 million (RUB14,300,000,000) aggregate principal amount of Series 1 Bonds, announced in the same press release, has also closed (the "Repurchase"), with 83% of the existing bonds submitted for repurchase.