EX-99.4 5 o39572exv99w4.htm EXHIBIT 99.4

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EXHIBIT 99.4
For fiscal years ended December 31, 2007 and December 31, 2006, KPMG LLP and its affiliates were paid by Cameco Corporation and its subsidiaries the following fees:

|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  |  |  |  |  | Total |  |  |  |  |  |  | Total |
|  | 2007 |  |  | Fees |  |  | 2006 |  |  | Fees |
Audit Fees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cameco and Canadian joint ventures |  | $ | 890,000 |  |  |  | 44.9 | % |  | $ | 834,000 |  |  |  | 39.8 | %
Centerra and other subsidiaries |  |  | 661,400 |  |  |  | 33.4 | % |  |  | 895,200 |  |  |  | 42.7 | %
Total Audit Fees |  | $ | 1,551,400 |  |  |  | 78.3 | % |  | $ | 1,729,200 |  |  |  | 82.5 | %
Audit-Related Fees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sarbanes-Oxley 404 scoping project |  | $ | 41,500 |  |  |  | 2.1 | % |  | $ | 90,000 |  |  |  | 4.3 | %
Cameco consultative |  |  | 31,500 |  |  |  | 1.5 | % |  |  | — |  |  |  | — |
Centerra consultative |  |  | 153,900 |  |  |  | 7.8 | % |  |  | — |  |  |  | — |
Pensions |  |  | 13,000 |  |  |  | 0.7 | % |  |  | 8,500 |  |  |  | 0.4 | %
Zircatec — specified procedures |  |  | — |  |  |  | — |  |  |  | 50,000 |  |  |  | 2.4 | %
Total Audit-Related Fees |  | $ | 239,900 |  |  |  | 12.1 | % |  | $ | 148,500 |  |  |  | 7.1 | %
Tax Fees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compliance |  | $ | 130,400 |  |  |  | 6.6 | % |  | $ | 167,500 |  |  |  | 8.0 | %
Planning and advice |  |  | 58,800 |  |  |  | 3.0 | % |  |  | 51,700 |  |  |  | 2.4 | %
Total Tax Fees |  | $ | 189,200 |  |  |  | 9.6 | % |  | $ | 219,200 |  |  |  | 10.4 | %
All Other Fees: |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Fees |  | $ | 1,980,500 |  |  |  | 100 | % |  | $ | 2,096,900 |  |  |  | 100 | %

Pre-Approval Policies and Procedures
As part of Cameco’s corporate governance practices, under Cameco’s audit committee charter, the audit committee is required to pre-approve the audit and non-audit services performed by the external auditors. Unless a type of service which is to be provided by the external auditors receives general pre-approval, it requires specific pre-approval by Cameco’s audit committee or audit committee chair, or in the absence of the audit committee chair, a member of the audit committee as designated by the audit committee. All pre-approvals granted pursuant to the delegated authority must be presented by the member(s) who granted the pre-approvals to the full audit committee at its next meeting. The audit committee has adopted a written policy to provide procedures to implement the foregoing principles.