Uranium One to Host Third Quarter Results Conference Call

    Trading Symbols:  UUU - Toronto Stock Exchange, JSE Limited (Johannesburg
    Stock Exchange)

    TORONTO and JOHANNESBURG, South Africa, Nov. 12 /CNW/ - Uranium One Inc.
("Uranium One") announced today that it will release third quarter 2007
results after markets close in Toronto on Wednesday, November 14, 2007. The
company has also scheduled a conference call and webcast for investors and
analysts at 10:00 a.m. (Eastern Time) on Thursday, November 15, 2007.
    Neal Froneman, Uranium One's President and Chief Executive Officer, and
Robin Merrifield, Executive Vice President and Chief Financial Officer, will
discuss third quarter operating and financial results and the outlook for the
company on the conference call.
    Live Conference Call and Webcast Access Information:

    North American callers please dial:   1-800-594-3615

    Local and international callers
     please dial:                         416-915-5761

    A live webcast of the call will be available through CNW Group's website
    at: www.newswire.ca/webcast

    A recording of the conference call will be available for replay for a one
week period beginning at 1:00 p.m. on November 15, 2007 and can be accessed as

    North American callers please dial:   1-877-289-8525; pass code 21253129

    Local and international callers
     please dial:                         416-640-1917; pass code 21253129

    About Uranium One

    Uranium One Inc. is a Canadian-based uranium producing company with a
primary listing on the Toronto Stock Exchange and a secondary listing on the
JSE Limited (the Johannesburg stock exchange). The Corporation owns 70% of the
operating Akdala Uranium Mine in Kazakhstan and is also developing the South
Inkai and Kharasan Uranium Projects in Kazakhstan. Uranium One owns the
Dominion Uranium Project in South Africa, as well as the Honeymoon Uranium
Project in South Australia. In the United States, Uranium One has extensive
property holdings in Wyoming, Texas, Utah and New Mexico, including the
Shootaring Canyon Mill and the Hobson ISR facility. Uranium One is also
engaged in uranium exploration activities in the United States, the Athabasca
Basin of Saskatchewan, South Africa, Australia and the Kyrgyz Republic.

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

For further information:

For further information: Neal Froneman, Chief Executive Officer, Tel: +
27 11 482 3605; Chris Sattler, Senior Vice President, Investor Relations, Tel:
(416) 350-3657

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Uranium One Inc.

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