Gary Merasty, Cameco Vice-President, Corporate Social Responsibility and Roberta Jamieson, NAAF President and CEO.

November 20, 2009 – TORONTO – The National Aboriginal Achievement Foundation (NAAF) is excited to announce that Cameco, one of the world’s largest uranium producers, has donated $50,000 towards the 2010 National Aboriginal Achievement Awards.

“The Foundation would like to welcome Cameco as a new partner in our Awards Gala,” said National Aboriginal Achievement Foundation President & CEO Roberta Jamieson. “I am delighted to commend Cameco as a company that has taken such leadership in supporting the Awards and our Aboriginal communities at large. I would invite many more companies and foundations to find out how they can work with NAAF to help the organization ‘Enrich Canada by Advancing Aboriginal Achievement’ into the next decade and beyond.”

The National Aboriginal Achievement Awards (NAAA) were established to encourage and celebrate excellence in the Aboriginal community.  NAAF created the Awards in 1993, in conjunction with the United Nation’s International Decade of the World’s Indigenous Peoples.  The Awards recognize the outstanding career achievements of First Nations, Inuit and Métis people in diverse occupations.  Now entering its 17th year, these Awards have become a Canadian institution.

“We are very pleased to be part of the 2010 National Aboriginal Achievement Awards,” said Gary Merasty, Cameco’s vice-president of Corporate Social Responsibility. “Cameco fully supports the NAAF’s goal of promoting, supporting and celebrating the achievement of Canada's Aboriginal Peoples.”

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.

For more information, please contact:

Lyle Krahn
Director, External Communications
Cameco Corporation
Phone: 306-956-6316
lyle_krahn@cameco.com

The National Aboriginal Achievement Foundation (NAAF) is a nationally registered non-profit organization dedicated to raising funds to deliver programs that provide the tools necessary for Aboriginal peoples, especially youth to achieve their potential. Since 1985 the Foundation through its Education Program has awarded more than $32-million in scholarships and bursaries to more than 8,400 First Nations, Inuit and Métis students nationwide. NAAF’s key initiatives include: The National Aboriginal Achievement Awards (NAAA) a national annual broadcast celebrating 14 achievers in a multitude of career areas including a special youth award and an award for lifetime achievement; Taking Pulse joins NAAF with industry to present career options in specific growth sectors through a series of short documentaries and supporting curriculum materials with the aim of recruiting First Nations, Inuit & Métis youth; and Blueprint for the Future (BFF) a series of one-day career fairs that motivate and inspire  First Nations, Inuit and Métis high school students with valuable resources and information on career opportunities. Over 30,000 students have attended these exciting youth oriented events to date nationwide.