As previously announced, as part of the Akbastau and Zarechnoye transaction ARMZ will also contribute US$ 610 million in cash to Uranium One, of which approximately US$ 479 million will be paid directly to shareholders (other than ARMZ) as a change of control premium after closing, by way of a special dividend of US$ 1.06 per share.

Uranium One expects to close the transaction by the end of 2010, subject to receipt of remaining required regulatory approvals, including from the Kazakh Anti-Monopoly Commission, the Australian Foreign Investment Review Board and U.S. Committee on Foreign Investment in the United States, which are expected to be received in due course, and to the satisfaction of other usual and customary closing conditions.