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Bobwins

06/15/07 12:56 PM

#2975 RE: cartonet #2973

cartonet

Concurrently with the closing of the proposed offer, UraMin will declare a dividendpayable in shares of the capital of Niger Uranium Limited held by UraMin (where permitted by law) or a cash equivalent of the value of such shares. Further details will be provided at the time of the mailing of UraMin Directors' Circular.