News Release

January 6, 2014

Uranium One Names Juliana L. Lam as New CFO

Toronto, Ontario - Uranium One Inc. today announced that Juliana L. Lam has been appointed as the Company's Executive Vice President and Chief Financial Officer.
Ms. Lam brings with her extensive senior level international financial management experience in diverse industries, including mining, manufacturing, services and distribution. Most recently, Ms. Lam was the Senior Vice-President, Finance for Kinross Gold Corporation.
Ms. Lam is a Chartered Accountant (CPA, CA). She holds a Bachelor of Arts from the University of Toronto and an MBA from the Richard Ivey School of Business, University of Western Ontario.

About Uranium One

Uranium One is one of the world's largest uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States, Australia and Tanzania. ROSATOM State Atomic Energy Corporation, through its affiliates, owns 100% of the outstanding common shares of Uranium One.
For further information, please contact:
Chris Sattler
Chief Executive Officer
Tel: +1 647 788 8500
Anton Jivov
Vice President, Corporate Affairs
Tel: +1 647 788 8461

Cautionary Statement

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

For further information about Uranium One, please visit www.uranium1.com .

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